Microsoft’s new $299 Xbox Series S console is coming Nov. 10

Microsoft’s new $299 Xbox Series S console is coming Nov. 10

8 Sep    Finance News

It’s official: Microsoft Corp.’s Xbox Series S console is coming Nov. 10 for $299.

Following a series of leaks, the software giant confirmed the next-generation videogame console in an official launch trailer on Tuesday.

Microsoft MSFT, -5.41% did not release specs for the all-digital Series S, but it is expected to share the same CPU as the forthcoming flagship Xbox Series X console, which comes with ray tracing, a lighting enhancement to make games look more realistic. Microsoft has not released a release date or pricing for Series X.

The Xbox Series S is designed for new games timed to the new consoles’ release, but rely on downloaded games because it will not have a Blu-ray disc drive. In a video posted on Twitter TWTR, -4.21% Tuesday, Microsoft says the Series S will be 60% smaller than Series X.

The Series S is expected to come with a 512 GB solid state drive — roughly half the capacity of Series X, which has a one-terabyte solid-state drive. Microsoft has said the Series X system will feature 1TB expansion port, a 4K UHD Blu-ray disc drive, and a wireless controller.

To offset limited storage, Xbox Series S will likely include the same removable storage port found on the larger Xbox Series X, according to several gaming reports. (Microsoft isn’t using a disc drive in the Xbox Series S.)

Microsoft and Sony Corp. SNE, -2.12% both have new videogame platforms arriving this holiday season, though Sony has not offered a date or price for its PlayStation 5. Analysts expect the PS5 and Xbox Series X systems to be priced at about $499.

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Microsoft shares inched up 1% in trading Tuesday in an otherwise calamitous day for tech stocks.

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