E3 2017: Microsoft Isn't Making Money On The $500 Xbox One X

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The new Xbox One X will arrive in homes with plenty of games ready to play in full 4K quality.

But it seems even the cost of the Xbox One X that has everyone gawking isn't even breaking even for Microsoft.

Microsoft unveiled its new Xbox One X console earlier this week, promising "true 4K" gaming on "the world's most powerful games console". Gamers won't be missing out on any of the games that will utilize the Xbox One X's additional power, as they will also be playable on Xbox One.

Spencer said that, "Xbox One X is the most powerful console ever built, and this fall it will be the most powerful console in the market".

Microsoft has come under fire from some critics who worry the company's new Xbox One X is overpriced.

The Xbox One X will release November 7, 2017. But big boss Phil Spencer of Xbox explained what else he wanted in terms of availability. Microsoft couldn't call it Xbox One Elite because it already has a version of the original Xbox One with that branding, and the Xbox One S is the existing console so it couldn't use "S" alone.

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The main competitor in this category is Sony's #Ps4 Pro that was launched in November 2016. It seems clear that Microsoft isn't anxious about that price gap between the two consoles since the company doesn't see them as direct competitors.

Xbox will provide a "backward-compatibility library" of almost 400 popular Xbox 360 games to include original Xbox classics, starting with fan favorite Crimson Skies. We're basically just told that the games run well.

Xbox One X has 1 TB of storage and games which were compatible on Xbox one will still work so we need not purchase them again.

Ybarra replied back to a fan asking if the current Software Development Kit for the Xbox One X is complete or are they still working on it.

I don't know what deals get written. That being said, quantifying how much more capable a console should be for that $100 premium is basically impossible.

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