Microsoft announced the Xbox Series S announcement. The Xbox Series S offers “next gen performance” and is the “smallest Xbox ever.” The company promised to share more details, but when it goes on sale, it will cost just USD $299 (ERP). The announcement teaser had a pretty clear image of the finished product, revealing it to be barely more than two controllers in volume. A large fan intake makes up one of its side panels. It retains the general design of the larger Xbox Series X. Microsoft stated it will share more details about the new console.