How much will the Xbox One cost?
At E3 2013 the wait was finally over – we were told how much the Xbox One would actually cost! The price announced by Microsoft is $499 in the US, £429 in the UK and 499 Euros in the rest of Europe. The console will come to 29 countries on its launch in November at these prices, so it’s time to start saving! Want to get ahead of the game and guarantee your console? Visit our Xbox One Pre Order page now.
It wasn’t just Microsoft releasing information about its next generation console at E3 2013; Sony also gave us an insight into the price and release date of the PlayStation 4. We weren’t given an exact date for release of the PS4, only told that it would be released in the holiday season of 2013 so the polls are still open as to which console will make its way onto shelves first. We do know for sure though, that the PS4 is going to be launched at a price substantially lower than the Xbox One, just $399 in the US, £349 in the UK and 399 Euros. This is a break from tradition and could cause a bit of an upset for the Xbox One from those gamers undecided as to which console demands their loyalty. When the Xbox 360 was originally released it was both earlier and cheaper than its rival the PlayStation 3 which undoubtedly helped its sales figures. Will the all in one entertainment unit be able to succeed at this high entry point?
Historical Xbox Pricing
With a starting price of $499, the Xbox One is $100 more expensive than the Xbox 360 was at launch which came in at $399.99 and even just $299.99 for a Core System. It seems that Microsoft has ditched the idea of launching multiple models of console, instead just having one console with the same specifications available to all. Despite this it is possible that future models may come in at a different price. In the life of the Xbox 360 we’ve seen the Elite model launching at $479.99, the Arcade at a modest $279.99, the Super Elite for $399.99 and finally the new look Xbox 360 launched at E3 2013 for $199.99 for the basic 4GB model and $299.99 for the 250GB upgraded version. We don’t doubt that many gamers out there will be keen to get their hands on the Xbox One at its launch price of $499 at launch, but it’ll be interesting to see if the price does come down in time with Sony’s next generation console $100 cheaper.
The Innards of the Xbox One
Consider how much a gaming PC would cost in today's market. Certainly more than $1,000 for a reasonable specification. Consoles have historically been cheaper than their PC equivalents, due partially to their distinct lack of upgrade ability. This is a trend likely to continue as evidenced by the high specification Xbox One console entering the market at $499, and not the $1,500 of a gaming PC. The technology included within the Xbox One is undoubtedly far superior to that of the 360, with a confirmed eight core processor and 8GB of RAM. If we’ve learnt anything from the launch of the Xbox 360 and the PlayStation 3 it’s that even the most hardcore of gamers are likely to look twice at a console that could cost more than a month’s earnings, and that’s why we see this more affordable means of gaming.
The Red Ring of Death
Almost every Xbox gamer has cast their eye upon the Red Ring at some point in their Xbox 360 console's life. Microsoft has been forced to fork out who knows how much cash in the repair of an endless stream of broken consoles, so we’re hoping they’ve learnt their lesson this time around. With a desperate rush to bring the Xbox 360 out quickly and affordably, Microsoft certainly opted for cheaper components than was sensible, hence the constant breakdown of the technology. More expensive components do mean a greater price at the outset which could be part of the reason we’re looking at a higher price for the Xbox One than the Xbox 360, but increased reliability may just be worth the extra cost.
Like it or not, the motion sensing Kinect technology is here to stay. Launching into the marketplace at $149.99, the Kinect was supposed to revolutionize the way that we enjoy games. Despite an initial onslaught of titles that would have seemed more fitting for the Wii, we are just now starting to see some high quality titles make their way to this camera and laser driven means of controlling a game. As such it's not surprising that Microsoft is unwilling to drop the technology for their next console. What does this mean? Well now that we know the Kinect will come bundled with the Xbox One we aren’t surprised that the cost is greater to cater for the extra technology. Is the Kinect worth the extra $100? Only time, and sales figures, will tell!
What do you think? Is the entry price of $499 enough to put you off? Or are you so eager to get your hands on this console that you don’t mind? Let us know in the comments!
Update -- Price of Xbox One Revealed -- June 10, 2013
E3 2013 provided us with the figure we've been waiting for - $499, £429 or 499 Euros is what the Xbox One will cost. It's a bit more than the PlayStation 4 which will launch at $399, so have Microsoft priced themselves out of the water? We'll have to wait and see.
Update -- Microsoft Announcement Fails to Provide Xbox One Price -- May 22, 2013
If you were hoping to hear how much the Xbox One would cost you at the announcement from Microsoft yesterday you'd have been left disappointed. Although we were shown far more of the actual Xbox One console than the PlayStation 4 in Sony's announcement, there were still many details notably lacking and the price was one of them. We'll have to wait until E3 in June where we expect to be provided with additional details and hopefully a real cost of the console.
Update -- $299 or $499? -- April 29, 2013
With the announcement from Microsoft that the next Xbox is definitely on the way and will be revealed on the 21st of May, 2013, we’ve started to hear more definite rumors on the price of the new console. Windows blogger Paul Thurrott has suggested that there will initially be two pricing options, one at $299 requiring a two year minimum subscription to Xbox Live (probably around the $10 per month mark), and the other at $499. Would you prefer the standalone option or the ability to buy cheaper but with an extra monthly cost?
Poll Result Update: How much would you be willing to pay for a new Xbox One? - February 4, 2013
We asked our fans in January 2013, "How much would you be willing to pay for a new Xbox One?". Most of our website fans said they would be willing to pay between $300 and $499 (€225.50 & €375.08). 6% of our users said they would be willing to pay $700 (€526.16) or more.
Poll Result Update: How much will the Xbox One will likely cost? - January 11, 2013
We asked our users in December 2012, " How much do you think the Xbox One will likely cost?". Most users are expecting the Xbox One to cost between $300 - $499. Followed by the second most popular vote of $500 - $599. 6% of users believe it will be over $1000 dollars! What do you think the cost will be? Post your answer below!
Low Price Entry Point for the Xbox One - November 30, 2012
It’s difficult to know if the 56 page leaked document from Microsoft concerning the Xbox One was totally accurate, but if the specifications and figures contained within are close to the truth then we could expect to see the next generation Xbox launch in 2013, from a base price of $299.99. As it seems confirmed that the Xbox One will come bundled with the Kinect V2, it’s a good guess that this price will be for both console and motion sensor technology. Of course, there are likely to be higher spec models that bump up the price, but this low entry point could interest a lot of gamers unwilling to spend a lot on an upgrade.