Analyst: Xbox One to cost $399, PlayStation 4 priced at $349
When Microsoft's Xbox One goes on sale before the end of year, it should cost $399, $50 more than the Sony's PlayStation 4, likely to debut at the same time, according to estimates by Wedbush Securities analyst Michael Pachter.
The analyst made his estimates in a research note prepared in advance of next week's E3 video game conference. He based those estimates on the cost of materials needed to build the consoles, taking into account speculation about the specifications for each box.
Pachter also took into account the launch prices for the Xbox 360 and PlayStation 3. … Read more