The rumored console is now in development under the codename "Lockhart" and serves as a cheaper alternative to the anticipated console.
The Xbox Series X is expected to be an absolute beast of a console capable of playing video games at 4K and 60 frames per second.
We already know that the Xbox Series X boasts 12.1 teraflops of computational power, which bests the PlayStation 5's 10.3 teraflops, but the gap could have been even greater according to Jason Ronald, director of program management for Xbox Series X.
Microsoft has yet to acknowledged the Lockhart or Series S and has not revealed any details related to its release. The console has been rumoured for some time and often mentioned in the same breath as Project Scarlett. Twitter user's @XB1_HexDecimal's leak appears to be documentation for the June 2020 Game Development Kit for the next-generation Xbox console.
Speaking in an interview with Spanish site Xataka, Jason Ronald explains that the reason Sony has managed to close the distance on the Xbox Series X is simply because the PS5 uses variable clock speeds.
Will the Xbox Series X be able to take advantage of the extra graphical grunt it has over the PS5, then?
For now, there are no official details about the Xbox Series S, maybe we'll see an announcement soon though, possibly at the next Microsoft event to be held in July. We previously heard rumours of an "affordable" Xbox Series X being announced in May, but that didn't come to pass.
However you feel about the new look, you'll be hard-pressed not to fall in love with these two special editions of the consoles based on console-exclusive Horizon Forbidden West, and CD Projekt's Cyberpunk 2077.
But more than anything else, Microsoft has to respond to Sony's PlayStation 5 Digital Edition, a disk-less version of the upcoming next-generation console.