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Microsoft details $299 Xbox Series S arriving November 10, says it delivers 4x processing power of Xbox One, supports 120fps, and has the same CPU as Series X

The Xbox Series S has the same CPU as the Series X  —  Microsoft is fully detailing its new Xbox Series S console today.

The Verge Tom Warren

Context & Ripple Effects

This closes out a lineup Microsoft has been assembling for over a year. The high end was defined back when the console was still codenamed Project Scarlett promising 4X the Xbox One X's power, then quantified in February's 12-teraflop spec reveal. Yesterday's $499-and-November-10 leak is now confirmed policy, and the Series S slots in beneath it at $299 on the same date.

First-order effects

  • Microsoft now has a two-tier next-gen portfolio — $299 Series S and $499 Series X — hitting retail together on November 10, with preorders opening September 22.
  • Sharing the Series X CPU means the cheap tier doesn't gut processing performance; Microsoft is cutting storage and GPU (targeting 1440p rather than 4K-class output) rather than the chip that drives game logic.

Second-order effects

  • A $299 entry point widens the top of the Game Pass funnel — the console becomes the cheapest door into Microsoft's subscription ecosystem, which the company is already widening by dropping cloud gaming requirements down to lower Game Pass tiers.
  • Competing consoles now face a $299 next-gen price floor set by a first-party seller absorbing thinner hardware margins to protect service revenue.

Third-order effects

  • If CPU parity across tiers holds through the generation, the console market's segmentation moves from 'which box' to 'which subscription,' with hardware priced as an acquisition cost for recurring revenue — the console-to-service flywheel made literal.

The trend: Console generations are splitting into tiered hardware portfolios designed to feed subscription services rather than maximize per-box margin.