Microsoft discontinuing certain Xbox models ahead of new console
Xbox Series X slated for release later this year
Microsoft is stopping the production of some video game consoles as it prepares to release its next-generation Xbox Series X.
The company will halt production of the Xbox One X and Xbox One S All-Digital Edition, a Microsoft spokesperson told FOX Business.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| MSFT | MICROSOFT CORP. | 396.39 | -12.67 | -3.10% |
XBOX SERIES X, PLAYSTATION 5 SET FOR VIDEO GAME CONSOLE WAR
"As we ramp into the future with Xbox Series X, we're taking the natural step of stopping production on Xbox One X and Xbox One S All-Digital Edition," the spokesperson said.
While the Redmond, Washington-based tech company is discontinuing the two console models, it will continue to manufacture and distribute the Xbox One S. And the other consoles will likely remain available in the months ahead.
"Gamers can check with their local retailers for more details on Xbox One hardware availability," the Microsoft spokesperson said.
The upcoming Xbox Series X (Microsoft)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The Xbox team is continuing to develop games for Xbox One consoles, according to the Microsoft spokesperson. And the new console will be backward compatible with thousands of games and all Xbox One accessories.
Microsoft unveiled its upcoming Series X console last December with plans to release it later this year. It will deliver four times as much processing power as the Xbox One X and display 60-120 frames per second in 4K, the company said. Microsoft hasn't announced a specific launch date yet, saying only that it will be available for "Holiday 2020" along with the new title "Halo Infinite."
The company is also expected to announce a cheaper, less powerful next-generation console, The Verge reported.