Microsoft is actually working on two consoles: "The Lockhart" and its powerful counterpart "The Anaconda."
Windows Central is reporting via Uproxx, that a second Xbox prototype is being worked on under the code-name "Anaconda," months after we learned about the top secret "Scarlet" console that was being projected for a 2020 release date. This information update completely upends the previous reports. It turns out "Scarlet" is actually the title for the project in its entirety, comprised of two separate consoles that are currently in the prototype/production phase: the "Anaconda" and its accomplice the "Lockhart." The complete report reads as follows:
"According to our sources, there are two consoles currently being prepped, aiming for a 2020 holiday debut — a cheaper S-style console, to succeed the Xbox One S, and a more beastly X-style console, to succeed the Xbox One X. The codename for the S 2 seems to be 'Lockhart,' and the codename for the X 2 seems to be 'Anaconda,' which may also be serving as a dev kit," all according to a report retrieved by Windows Central on the basis of Microsoft's stealth product development.
The next-gen "Lockhart" console is projected to be as powerful as the current Xbox One X, in terms of its hardware, but with the addition of several undisclosed refinements. The Anaconda will likely be the more powerful and expensive of the two models, providing a more up-to-date gaming experience to rival the best of the best. On top of that, Microsoft is believed to be exploring every avenue so they achieve better "loading times" than their competitors. Keep it peeled for updates on the Xbox proto-phase, as they become available to us.