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The next generation of video game consoles just got its first official release date: Nov. 10 for Microsoft’s Xbox Series S all-digital system.

Priced at $299, the Xbox Series S console is expected to launch in tandem with the flagship Xbox Series X system, for which Microsoft has not yet announced a release date or price. 

The Xbox Series S will play new games timed to the new consoles’ release, but rely on downloaded games as it will not have a Blu-Ray Disc drive. In a video posted on Twitter Tuesday, Microsoft says the Series S will be 60% smaller than the Xbox Series X. 

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The system will have a 512 GB solid state drive, but will likely let you add additional drives to store more games and data. The Xbox Series X system, Microsoft has announced, has a one-terabyte solid-state drive and 1TB expansion port, a 4K UHD Blu-ray disc drive and wireless controller. 

Microsoft and Sony both have new video game platforms arriving this holiday season. So far, Sony has not offered a date or price for its PlayStation 5. 

Having this lower-priced entry point could help Microsoft in the console competition, says Piers Harding-Rolls, research director for games at London-based research firm Ampere Analysis. He expects the PS5 and Xbox Series X systems to be priced at about $499.

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Microsoft aims to “reach different types” of console gamers with various price points, he said in a report Tuesday. The software giant has also bolstered “its first-party studio capability and has been successful in building Xbox Game Pass (its subscription video game service) into the biggest games content subscription service globally at more than 10 million users,” Harding-Rolls said.

That strategy could entice more buyers at the outset of the new cycle of systems, but could give Microsoft “less flexibility to inject sales momentum mid-cycle, but as the console market is all about initial momentum and keeping it, it is the right choice to load all its competitive capability at the front end of the cycle,” Harding-Rolls said.

Follow Mike Snider on Twitter: @MikeSnider.

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