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Microsoft’s new $499 Xbox Series X console is coming Nov. 10; Xbox Series S is $299 on same day

Microsoft and Sony Corp. both have new videogame platforms arriving this holiday season, though Sony has not offered a date or price for its PlayStation 5

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By Jon Swartz


Microsoft Corp.
Microsoft is upping the ante in the videogaming console market, with the $499 Xbox Series X and stripped-down $299 Xbox Series S, on Nov. 10.

It’s official: Microsoft Corp.’s Xbox Series X console is coming Nov. 10 for $499 — the same debut as the stripped-down $299 Xbox Series S.

Following a series of leaks, the software giant confirmed availability of the next-generation videogame consoles in an announcement Wednesday. An official launch trailer of the Series S was widely circulated on Tuesday.

Microsoft /zigman2/quotes/207732364/composite MSFT +1.77%  said the all-digital Series S uses the same CPU as the flagship Xbox Series X console, which comes with ray tracing, a lighting enhancement to make games look more realistic. “Xbox Series S delivers four times the processing power of an Xbox One console and supports experience up to 120fps,” Liz Hamren, head of platform engineering and hardware at Xbox, said in a statement.

Both consoles can be purchased with monthly payment plans, starting at $24.99. Pre-orders begin Sept. 22.

The Xbox Series S is designed for new games timed to the new consoles’ release, but rely on downloaded games because it will not have a Blu-ray disc drive. In a video posted on Twitter /zigman2/quotes/203180645/composite TWTR +4.59%  Tuesday, Microsoft says the Series S will be 60% smaller than Series X.

The Series S comes with a 512 GB solid state drive — roughly half the capacity of Series X, which has a one-terabyte solid-state drive. Microsoft has said the Series X system will feature 1TB expansion port, a 4K UHD Blu-ray disc drive, and a wireless controller.

To offset limited storage, Xbox Series S will include the same removable storage port found on the larger Xbox Series X. (Microsoft isn’t using a disc drive in the Xbox Series S.)

Microsoft and Sony Corp. /zigman2/quotes/208567357/composite SNE +0.67%  both have new videogame platforms arriving this holiday season, though Sony has not offered a date or price for its PlayStation 5.

Microsoft shares are up 5% in early-afternoon trading Wednesday.

/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 237.03
+4.13 +1.77%
Volume: 6.55M
Jan. 28, 2021 10:07a
P/E Ratio
35.21
Dividend Yield
0.95%
Market Cap
$1756.58 billion
Rev. per Employee
$877,393
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/zigman2/quotes/203180645/composite
US : U.S.: NYSE
$ 50.40
+2.21 +4.59%
Volume: 3.58M
Jan. 28, 2021 10:07a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$38.33 billion
Rev. per Employee
$705,986
loading...
/zigman2/quotes/208567357/composite
US : U.S.: NYSE
$ 97.65
+0.65 +0.67%
Volume: 297,116
Jan. 28, 2021 10:06a
P/E Ratio
13.90
Dividend Yield
0.36%
Market Cap
$121.69 billion
Rev. per Employee
$678,337
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Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter @jswartz.

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