Microsoft's Xbox streaming device code-named "Keystone" is now confirmed shortly after it suddenly appeared on the Xbox OS list.
The Keystone sighting quickly fired up rumors suggesting that Microsoft is working to introduce a new Xbox device.
Ergo, some wondered if this is the long-awaited streaming stick, which should compete with Google Stadia and Chromecast — or is it more like the Apple TV.
LOS ANGELES, CA - JUNE 10: An attendee takes a photo of the XBOX logo during the Microsoft Xbox news conference at the Electronic Entertainment Expo at the Galen Center on June 10, 2013 in Los Angeles, California.
Microsoft Xbox Streaming Device
As per an exclusive story by Windows Central, Microsoft did not hesitate to confirm that it is currently working on a new Xbox cloud streaming device under the moniker "Keystone."
It is worth noting that the Xbox is currently one of the most sought-after gaming consoles these days. The latest consoles, Xbox Series X, and its more affordable sibling, the Series S, go side by side with the in-demand Sony PlayStation, thanks to its limited stock of PS5.
The latest device confirmed by no less than Microsoft itself reveals that the renowned tech firm looks to expand the current Xbox lineup.
The tech giant suggests that the new Xbox device focuses on the Xbox Cloud Gaming service.
A spokesperson from Microsoft said that their "goal is to enable people to play the games they want, on the devices they want, anywhere they want." So, expect the upcoming Xbox to be a tad cheaper than its current offering, bringing its games to a broader crowd.
The Microsoft spokesperson went on to say that Keystone is a new device that connects to a TV or a monitor, sans any full-blown gaming console.
Xbox Cloud Gaming
Xbox's upcoming cloud streaming device should show what Xbox Cloud Gaming offers.
According to a recent report by 9to5Mac, the cloud gaming service of Xbox makes playing games a bit simpler. It only requires users to have a stable internet connection to stream games online.
Cloud Gaming allows iPhone and iPad users to play titles like Fortnite without installing the game locally. After all, Apple has removed the battle royale from the App Store.
The gaming service lets gamers stream their favorite titles from its servers. So, 9to5Mac says that it goes away from using hardware power.
Currently, Xbox Cloud Gaming brings massive gaming titles like Forza, Fallout, and Flight Simulator to various devices. The service also includes iconic games such as Need for Speed, The Sims, and Cities Skyline.
Read Also: Xbox Leak: Microsoft Likely Working on 'Dynamic Backgrounds Editor' - Here's How it Works
Xbox Keystone vs. Apple TV
Windows Central offered in its story that the more affordable Xbox offering is likely to include media streaming apps — much like what Apple TV and other TV sticks do.
SAN FRANCISCO, CA - SEPTEMBER 9: Apple Senior Vice President of Internet Software and Services Eddy Cue announce pricing for the new Apple TV during a special event at Bill Graham Civic Auditorium September 9, 2015 in San Francisco, California.
However, Apple TV fails to offer console-level gaming, which Microsoft vows to provide. Instead, it is more focused on media streaming.
Related Article: Get Ready for Xbox's Streaming Stick and TV App - But Microsoft Says Wait for 12 More Months
