According to Jeff Grubb the Xbox August event has been moved to September

[24thFrame (Nick)]

@Daniel

I could see them announcing the console or maybe even tease it with just the look and announce the price at a later date. I don’t get why people say they must announce the console and price at the same time. I guess it would make sense if they talk about it and explain how it’s weaker and that but if they just announce the console name/look and say something like stay tuned for more info they wouldn’t need to say the price.

Then in the big price reveal event they can go into more detail what the box is, why you would want it and then the price along side the Seres X info and price.

I think the entire point of the Series S is that it’ll be the most affordable next-gen console between either platform holder. You have to announce the price as part of the reveal.