As we expected, the Xbox E3 2019 press conference brought the official announcement of the next generation of Xbox. For the time being, the project is codenamed “Scarlett” and has a release window of Holiday 2020.

It will coincide with the release of the highly-anticipated Halo Infinite, which got a new trailer and during the press conference, but we won’t hear much more about that game until 2020.

Lots of details remain unclear: We didn’t see what Scarlett looks like or find out how much it will cost, among many other things. Instead, Microsoft talked up Scarlett’s incredible specs and hardware capabilities, and it sounds like a big step up from the current of Xbox One systems.

The company says it’s four times as powerful as the Xbox One X as a point of reference. Scarlett comes equipped with an SSD and components capable of 8K and 120 FPS. Load times should be much faster, on top of the myriad other improvements made possible by this next-gen hardware.

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