Microsoft in a statement announced they have halted production of the Xbox One S and Xbox One X, the current-generation consoles that are currently being sold under the Xbox brand. The move comes in preparation for the "Holiday 2020" release of the Xbox Series X and its badly-kept secret sister, the (likely?) Xbox Series S. This will allow the retail channel to digest available inventory and open up space for the impending consoles' release.

This move by Microsoft all but confirms that the company will be launching a companion, lower-priced, lower-performing console alongside the Xbox Series X. Microsoft knows that launching the most powerful console also means (most likely) launching the most expensive one, and the company knows they must cater to more budget-conscious consumers as well. Check after the break for the complete Microsoft statement.