The Verge claims that when Lockhart launches it will be called Xbox Series S. That’s in line with the current Xbox line up, which features that top of the line $500 Xbox One X which does 4K and HDR, and the more affordable $300 Xbox One S which can do one or the other, but not both, and the $250 Xbox One S All Digital Edition which drops the Blu-Ray disc drive found in the Xbox One S.

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According to the Verge, Lockhart/Xbox Series S will feature an underclocked CPU, which will draw less power and require less expensive thermal solutions, just 7.5GB of usable RAM, and be capable of a mere 4 teraflops. A third of the teraflops it won’t be churning out 60 frames per second at 4K. Its expected to cap resolution at either 1080p or 1440p. That’s less than what the current Xbox One X is capable of, and resolutions more common for popular gaming monitors than TVs.

Given Sony’s already announced an all-digital edition of the PS5 it stands to reason Microsoft would do something very similar, but an underclocked version that’s less powerful than the Xbox One X is certainly a bit of a surprise. We previously heard rumors of an “affordable” Xbox Series X being announced in May, but that didn’t come to pass.

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I’ve reached out to Microsoft for comment on the leak and will update if I hear back. But if you know more about Lockhart or Microsoft’s plans you can reach me via email at alex.cranz@gizmodo.com or alex.cranz@protonmail.com, DM me for my Signal number (remember it’s totally okay to have Signal nowadays!), or contact us totally anonymously via SecureDrop.