Due to leaks this week, Microsoft was forced to come out with not only the price and design of both next-gen consoles, but also other availability details. Be sure to catch up via this overview.
Microsoft has clarified that the next-generation Xbox console is simply named Xbox, much like the original. The 'Series X' is supposed to be the model number, similar to the X version of the Xbox One.
The Twitterverse has caught onto Microsoft's subtle teasers for its next-generation gaming console family, codenamed Scarlett. It seems the company may make an official announcement at E3.
A new report suggests that Microsoft's "Scarlett" consoles will come in two variants with different levels of processing power, similar to how the current Xbox One S and X models compare.