Xbox One Gets Priced At A Premium: Microsoft Dream Console Has Too Many Restrictions

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At the ongoing E3 gaming conference, Microsoft announces the pricing of its eight generation console. The Xbox One is being priced at Rs. 29366 in the International market. The console is set to release in the US in November followed by 21 other countries. On the other hand, Sony also officially announced PlayStation 4 (PS4) at Rs. 23,481. Sony says the PS4 would be out sometime Holidays 2013.Both companies are looking to expand their horizons in the coming months.

With games made available via App stores, the console business saw a steep decline. The console gaming is worth $60 billion dollars globally. While Japanese giant Nintendo known for its Wii console didn't came up with regular key announcements. Its last big console - Wii U stated with disappointing sales with renowned publishers including EA are making negligible games for the console. The Wii U is priced at Rs. 17,654 in the US.

Xbox One Gets Priced At A Premium

Specifications wise, both PS4 and Xbox One, shares similarity. Today, for the first time Sony unleashed how company's forthcoming major console - PS4 look like. Last month in a special ceremony Microsoft announced Xbox One with available hardware.

The Xbox One is primarily based on PC architecture. It packs AMD powered 8-core x86 CPU, 8GB of DDR3 RAM, Blu-ray drive, USB 3.0, new improved Kinect motion sensor, 500GB of hard drive, Wi-Fi Direct, among other hardware improvements. It is not backward compatible with Xbox 360. Microsoft says the Xbox One need to be connected to the internet every 24 hours. The PlayStation 4 won't restrict gamers to use second -hand games.

"If you enjoy playing single-player games offline, PS4 won't require to you check in online period and it won't stop working if you haven't authenticated in 24 hours.", as per Jack Tretton, president and CEO of Sony Computer Entertainment America.

"The gaming landscape is changing with new business models and new ways to play," as per Andrew House, president and CEO of Sony Computer Entertainment.

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