The Xbox Series S was officially announced yesterday with a low, low price of £249 / $299, and now Microsoft has shared some more details about the system in a new video and post on its website.

The company says the primary difference between the Xbox Series S and X is in resolution, noting that many fans prioritise framerate over resolution, so it wanted to build a console that didn’t require a 4K TV.

As a result, the system is designed to play games at 1440p at 60 frames per second (with support for up to 120fps), and delivers approximately 3x the GPU performance and 4x the processing power of an Xbox One console.

Xbox Series S delivers the same next generation speed and performance that define Xbox Series X. It is similar in CPU and has the identical I/O performance as Xbox Series X, making it easier for developers to deliver the same great performance, while rendering at a lower resolution.

In addition, Microsoft confirms the Series S can support experiences up to 120fps, more immersive and responsive gameplay with support for hardware-accelerated DirectX Raytracing and Variable Rate Shading, along with next-gen features such as faster loading times, steadier frame rates and Quick Resume.

You can take a look at some of these features in action in the video above, which also features a demo of Gears 5 running at 120fps on the Xbox Series S, which it's safe to say we're very impressed by!

Whether you are looking to upgrade your Xbox 360 or Xbox One or are new to the Xbox family, we have two great consoles to choose from this generation – the most powerful console ever built in Xbox Series X and the smallest, most affordable next generation console with Xbox Series S. On behalf of Team Xbox, thank you for making Xbox the best place to play and we can’t wait to enter the future of console gaming with you this holiday.

The Xbox Series S launches on November 10th for £249 / $299, and pre-orders begin on September 22nd.

Are you planning to pick up an Xbox Series X this Holiday? Let us know in the comments below.