Before this week there has not been anyone to go out on a limb to say the Xbox Series X will cost less than $500. Then enters analyst Michael Pachter. During periscope event right after Microsoft’s Xbox Series X showcase, industry figure Geoff Keighley talked with Michael Pachter about the upcoming console. In the video Pachter goes against the grain and thoughts of most people by predicting the Xbox Series X will actually be $100 cheaper than the Ps5.
“Microsoft’s being pretty smart about waiting Sony out here. From what I’ve seen, Sony’s going to have to charge $500 for their PS5, and Microsoft has a big balance sheet – if they want to cut the price by $100, just price below and subsidize the first ten million, they will.”
We have seen reports of Sony possibly having issues bringing down the cost of the PlayStation 5. Other rumors suggest it can even be priced around the $549 range. So maybe Pachter has hit the nail on the head with his thoughts on the Ps5. He goes on to say;
“So, I think that they’re waiting to have Sony blink first, and then they’ll reveal the price and the launch date. It’s going to be holiday, so very likely sometime in November, very likely $400. And fans are going to get a lot from their $400.”
As we all know Microsft is one of the richest companies in the world. If any company can afford this type of initial loss it is them. Though considering how powerful the Xbox Series X is, be prepared to have $500 ready when you walk into your local retail store.