Microsoft debuts Xbox 'Project Scarlett' at E3 2019, coming holiday 2020

Microsoft capped off its E3 2019 press conference by revealing its next-gen console, codenamed "Project Scarlett." And if everything Microsoft promised in the reveal bears out, it looks like it's going to be an absolute powerhouse.

Project Scarlett features a new processor built on AMD's Navi GPU and Ryzen CPU architecture. According to Microsoft, the console is shaping up to be around four times more powerful than the Xbox One X. The company also said the console will be able to deliver framerates of up to 120 FPS and resolutions up to 8K with support for variable refresh rates.

Microsoft also said that Project Scarlett will deliver ray tracing, making lighting and environments appear more real than ever. Like Sony's PlayStation 5, Project Scarlett will also switch to using a Solid State Drive (SSD) instead of the usual mechanical hard drive, which should bring massive performance gains when it comes to loading screens. The company says it's even experimenting with using the SSD as virtual RAM to speed things up even more.

Project Scarlett is expected to launch holiday 2020 alongside one of the most anticipated games of the upcoming generation, Halo Infinite. The console will also support backward compatibility just like its current-gen brethren, allowing you to play games across four generations.