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Microsoft ‘Over-Delivering Value’ with Xbox One, Says Exec

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Posted on June 17, 2013 AT 03:08pm

Speaking to Bloomberg TV, Microsoft president of interactive business Don Mattrick defended the Xbox One’s $500 price point, claiming the company is “over-delivering value” with the console.

“It’s a lower number than some of the analysts have forecasted,” Mattrick said. “We’re over-delivering value against other choices I think consumers can get. Any modern product these days you look at it [and[ $499 isn’t a ridiculous price point. We’re delivering thousands of dollars of value to people, so I think they’re going to love it when they use it.”

Mattrick also referred to the Halo titled teased during Microsoft’s pre-E3 press event as Halo 5. Not that there should be any doubt, I mean—what else could it be?

The Xbox One hits shelves this November.

Source: Bloomberg TV

Chris Holzworth, News Editor
Chris Holzworth has wanted to write about games all his life. He first cut his teeth writing for enthusiast sites such as RPGFan, and after writing for just about every other enthusiast website he could came across, wound up as EGM's east coast news correspondent (read: editorial intern, a fancy phrase for "slave") before relocating to LA to serve as news editor. [Meet the rest of the crew]

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