A leaked Microsoft document hinted us at the company’s second next-gen Xbox, and now rumors suggest it will be revealed in August. Microsoft had planned to unveil the console, codenamed “Lockhart,” in June but Microsoft has postponed it to August, and the console will be named the Xbox Series S. Microsoft has been working on the second cheaper next-gen Xbox console for months. Some additional documents suggest that Lockhart will have the same speed CPU as the Xbox Series X. The Lockhart console will include 7.5GB of usable RAM and around 4 teraflops of GPU performance whereas Xbox Series X includes 13.5GB of usable RAM and targets 12 teraflops of GPU performance for comparison. Microsoft could unveil the second next-gen Xbox alongside pricing for the Xbox Series X in the month of August.