Xbox One to launch at $500 in November

Xbox One launches at $500
The Xbox One will cost $500 at retail when it launches in November, Microsoft announced at its E3 press conference today. That's $500 in the US, €500 in Europe and £430 in the UK. The Xbox One will be available in 21 markets first and a "day-one edition" is out for reservation now, Microsoft's Phil Spencer said.

For comparison, the Xbox 360 launched in 2005 and cost $400 for a 20GB model, or $300 for the "Core" model.

This article was originally published on Joystiq.