The Xbox Series X launches later this year but Microsoft has been rumoured to be working on a cheaper version. A Twitter user @zakk_exe somehow was able to purchase a controller from a resale site confirming the cheaper version of the next-gen console will be named Xbox Series S.
Microsoft has so far only announced its Xbox Series X and nothing has been said about the cheaper version of the next-gen console yet. The packaging of the controller shows its compatible with both the Xbox Series X and the Xbox Series S. The colour of the controller is white and Microsoft has only so far showcased a black Xbox Series X controller. The Verge confirms the controller is indeed genuine.
A leaked document in June indicated Microsoft is planning for two next-gen consoles and the cheaper Xbox Series S has been codenamed “Lockhart”. An Xbox Series X devkit codenamed “Dante” allows game developers to enable a special Lockhart mode with a profile of the performance expected by Microsoft for the cheaper next-gen console.
The Xbox Series S is rumoured to feature the same CPU as that of the Xbox Series X, a 7.5GB of usable RAM and around 4 teraflops of GPU performance.