We've known about the Xbox Series X for a while now, but rumor have suggested that Microsoft is also working on a lower cost version of its next console that's codenamed Lockhart. And now the name of that model has been confirmed by Microsoft's own product packaging.
Microsoft's next-gen Xbox controller has revealed that Xbox Series S will be the name of the other new Xbox console that's in the works. Twitter user Zak S (via The Verge) was able to purchase the controller, and on the side of the box it has a list of compatible devices that includes "Xbox Series X|S".
A second person was also able to buy the same Xbox controller and show both the packaging and the controller itself on video.
Another Xbox Series X | S controller has been found in the wild. Both this controller and the one in the Verge article are located in Chicago. If you are in the Chicago area, check your local classifieds, OfferUp, see if you can find more. Source:https://t.co/PmCiWamXdL pic.twitter.com/2elRvErmka
— r/SeriesXbox Reddit (@RSeriesxbox) August 10, 2020
It's rumored that this Xbox Series S will include the same custom Zen 2 CPU as the Xbox Series X, but with less RAM (7.5GB of usable memory) and around 4 teraflops of GPU performance rather than the 12 teraflops that the Xbox Series X will offer.
One major detail that we don't yet know about the Xbox Series X or Series S consoles is how much either of them will cost. The Xbox Series S is expected to be a good deal cheaper than the Series X, though, giving consumers a more affordable way to get into the next generation of console gaming.