Xbox boss Phil Spencer doesn’t give us the Xbox Series X launch price, but he does indicate it will be competitive with Sony’s PS5. Read on for more details.
As we move into the new console generation later this year, the battle lines have been set. Both Xbox Series X and PS5 have released their specs, and we know a little about some of the earliest games coming to both consoles. The one point we are still waiting for is the purchase price of both consoles.
With the PS5 being a little lower spec than the Xbox SeX, the industry predicts they are going for a cheaper launch price. However, that might not work, as it seems that Microsoft is ready to be very agile with their pricing for SeX at launch. Xbox boss Phil Spencer recently spoke to IGN, and he talked about how they are thinking about the Xbox SeX launch price.
“You have to set a price target at the beginning for yourselves, and then you kind of roll in as you see the competition come in and you start to do your go-to-market planning. I feel good about the price that we’re going to be able to get to. I feel good about the price and the performance capabilities that we have with Series X. We’re getting incredible support from Microsoft. Satya Nadella, the CEO, my boss, Amy Hood, the CFO, they’re very linked in to what our plans are. We’re going to make sure that we stay agile on our pricing and that we have a good plan going into launch.”
Unless Sony is pricing the PS5 so low that Xbox can’t match it, then I think we are going to see a similar price point from both consoles. I also expect both consoles to be priced low enough to begin with, the companies will lose money on console sales. This is a scenario that has been true of almost all console generational leaps. However, Xbox (under Microsoft), have the sheer quantity of capital to sustain losses for longer. To be fair, after a year or two it’s likely the costs will balance themselves out. The question will be, which console is on top when those profits start rolling in?
I expect PS5 to launch cheaper than Xbox Series X launch price, but not by a huge margin. The extra power will make the Xbox SeX better value for money in my opinion. The PlayStation brand loyalty many fans have, however, cannot be ignored. I know of many gamers who would never leave Sony unless the console was absolute garbage. There are a variety of different reasons for this brand loyalty and it happens both ways. For example, I was going Xbox SeX this time anyway, because my friends, clans, and games library is all Xbox. Also, my son has an Xbox and so do most of his school friends. I have to say it would have taken an absolute disaster from Xbox for me to make the switch. The PS5 has less power than the SeX, but it’ll be a brilliant machine and a huge upgrade from PS4.
What do you think of this news, what price would make you jump into purchasing a new console? Do you intend to buy Xbox SeX or a PS5 this year, or wait for price drops? Use the share space below for all your worldly views.
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