The monster Xbox gaming hardware will be forward and backwards compatible, feature 6 teraflops of GPU performance, 4K gaming and some VR capabilities. It will co-exist with the current XBox One and XBox One S hardware and be fully compatible with existing accessories. The hardware is scheduled for a Holiday 2017 release at this time, and Microsoft has not yet pinned a price on the new Xbox
Project Scorpio. Coming Holiday 2017, Project Scorpio will be the most powerful console ever created, with 6 teraflops of GPU delivering a premier console gaming experience including true 4K gaming and high fidelity virtual reality. Project Scorpio will join the Xbox One family and coexist alongside Xbox One and Xbox One S and all of your Xbox One games and accessories are compatible.