Xbox Series S Will Reportedly Be Revealed in August

This is just more fuel for the "Lockhart is real" fire.

The rumored console is now in development under the codename "Lockhart" and serves as a cheaper alternative to the anticipated console. With the Xbox Series X rumoured to cost over $550, Microsoft needs a cheaper console to tap in new gamers into the Xbox ecosystem.

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. The console is expected to compete with the PS5 in terms of raw power.

The site now reports that Series S will get its own reveal - presumably in an Inside Xbox-like showcase - in August.

Lockhart is said to be a cheaper version of Microsoft's Xbox Series X. That's where Lockhart comes in. Interestingly, the notes also include a reference to "Anaconda" - the codename for the Series X. They're both powerful consoles, but Microsoft has the much faster (and not just "technically") console as it is almost 20% more powerful - if you wanted to use the TFLOPs argument, that is.

Both the Xbox Series X and PS5 will hit retail shelves later this year.

Will the Xbox Series X be able to take advantage of the extra graphical grunt it has over the PS5, then?

By activating the dev mode, the GPU lists itself at roughly 4 TFLOPs with a maximum of 7.5GB of usable RAM. A third of the teraflops it won't be churning out 60 frames per second at 4K. The new consoles will succeed the Xbox One and PS4. We previously heard rumours of an "affordable" Xbox Series X being announced in May, but that didn't come to pass.

All three special edition mock-ups look absolutely stunning, and Sony fans who were on the fence with the official white console are leaning into the hardware more, now that they can visualise what it might look like decked out in their favourite game's colours and themes.