Posted by: youngragingbull | June 10, 2013

Word on the Street: New Xbox to be released in Nov. for $499

Microsoft Corp. on Monday said the Xbox One will be available in November. The latest version of the company’s gaming console will sell for $499 in the U.S., 499 euros in Europe and 429 pounds in the U.K., Microsoft announced at the E3 show in Los Angeles. Shares of Microsoft were down 1.2% at $35.27 in afternoon trades.

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  1. […] night that it will price its new PlayStation 4 at $399 for its launch this fall. That undercuts the $499 launch price of the rival console Xbox One from Microsoft, which also launches this fall. Both companies announced the launch prices for their new consoles […]


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