Microsoft is reportedly planning to release the Xbox Series X at a much lower price than the PS5. Despite heavy rumors and leaks, Microsoft and Sony have not yet announced how much their next-generation gaming consoles would retail at launch. However, if the recent information is accurate, fans may now have an idea of how much the upcoming consoles would cost.

Xbox Series X To Undercut PS5's Price?

The latest information about the pricing of Microsoft for the Xbox Series X came from industry insider Dusk Golem. According to the tipster, Microsoft's next-gen console would run better third-party games than Sony's PS5. He also shared that Microsoft would do this while offering the Xbox Series X at a far more affordable price.

The industry insider added that Microsoft is planning to undercut Sony, a move it could afford because of the piles of cash it is sitting on. The Redmond-based tech giant's strategy is seemingly aimed to get more players into the Microsoft ecosystem and recover the loss through Game Pass subscriptions and software sales. Dusk Golem also said that in terms of raw power and multi-platform games, the Xbox Series X would be more powerful than the PS5.

It is worth mentioning that Dusk Golem does not cite his sources for the information he is sharing online. The tipster is popular in the industry because of his access to developers, particularly with Capcom. In the thread, the tipster admitted that the pricing of the PS5 and Xbox Series X is not yet concrete, and things could still change,

While the tipster did not reveal the figures Microsoft is looking for the retail price of the Xbox Series X, his information is clear. Microsoft intends to undercut the price of Sony's PS5. The information also provided how Microsoft could easily get back its lost profit by selling the Xbox Series X at a much lower price than its rival.

Xbox Series X August Event

Earlier, Xbox Boss Phil Spencer said in an interview that most of the fans' questions about the Xbox Series X would be answered in August. Fans believe that the executive was hinting about a new Xbox Series X event happening this month. One of the rumors surrounding the said event is the possible launch of the Xbox Series S, the rumored light version of the upcoming premium gaming console.

Over the past months, leaks and rumors pointing that Microsoft is working on another, but lighter version of the Xbox Series X has been circulating online. Despite all these, Microsoft has not yet confirmed the existence of the said next-gen console.