According to The Verge journalist and regular Microsoft tipster Tom Warren, Microsoft could announce the Xbox Series S at its next-generation Xbox showcase as early as September.

Warren tweeted on Twitter that the iPhone 12 and Microsoft Surface Duo as well as the Samsung Galaxy Z Fold 2, Nvidia RTX 3090, and "Xbox *redacted*" will be announced in September.

Warren regularly tweets snippets of information that he claims to know about the Xbox Series S (less powerful than the Xbox Series X and digital-only), so it is likely that he is referring to the Xbox Series S in this tweet. Other rumors had suggested that the Xbox Series S would be announced in August. However, with only a few days left until the last month of summer is over, that seems unlikely.

There are numerous indications that the Xbox Series S is in development, especially the updated Xbox wireless controller package, which is listed as one of the consoles that the Series S will support. Other leaked information suggests that the Series S is an improved version of the Xbox One and may be designed to take advantage of game streaming from Microsoft's Project xCloud service, which will be part of Xbox Game Pass Ultimate.

In any case, the Xbox Series S seems very likely. Microsoft plans to create an Xbox ecosystem where first-party games for the next two years will be playable on both Xbox Series X and Xbox One, as well as PC, all supported by game streaming and comprehensive backward compatibility. This means that the Xbox Series S could be the perfect console for those who want to step into the Xbox world without shelling out $400 to $500 for the top-of-the-line Xbox Series X