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SKMBlake said:
I don't really see the point of stopping the production of the most interesting console of all 3 versions and keeping a very weak one instead of stopping the production of the S, lowering the price of the X to S levels and announce the Lockhart as a mid-ranger

I would guess that the BOM for Xbox One X is considerably higher than Series S. Series S is going to be replacing it.

Imagine also having several different SKU's for One would get very confusing for the average consumer. Instead you have one low budget console and the others are next gen consoles.