The event, called the Xbox Game Showcase, will see the unveiling of both new games and a long-rumored Xbox Series S. Although Microsoft hasn't made any official announcements, the rumor mill is churning out predictions on a daily basis, mainly around Microsoft's plan for a more budget-friendly next-generation console code-named Xbox Lockhart. That device, which could be known as Xbox Series S at launch, will apparently have fewer features than the upcoming Xbox Series X but come at a more affordable price. It may also ditch discs, similar to the PlayStation 5 Digital Edition. For more on the Xbox Series X - SUBSCRIBE FOR THE LATEST VIDEOS VISIT DIGITAL TRENDS In our studio: BDI Corridor Media Console: Music: Digital Trends may earn a commission when you buy through links on our channels. FOLLOW US!