Via Minimally Minimal:

After the launch of Xbox One, the design team began investigating a new approach to game console design. For Xbox One S, we wanted to create a more friendly and universal product that doesn't evoke traditional "gaming" cues.

I've never been a fan of the Xbox but this thing is gorgeous. To be honest, I actually really liked the design of the original One as well, sort of reminded me of an old VCR, but this takes it to a whole other level.