Microsoft has referred to Project Scarlett as the future of gaming. It is the codename assigned to the next console it will release, following the Xbox, the Xbox 360 and the Xbox One. The series has been popular, as the Xbox sold 24 million units and the Xbox 360 sold 84 million units after vanquishing the PS3.
The Xbox One has sold more than 40 million units, and Microsoft will hope that the next-gen console will perform better. The team that built the Xbox One X has been working on Project Scarlett for many months already.