The Xbox One will cost $499 when it’s released this November, Microsoft announced at a press conference earlier today in Los Angeles.
Microsoft also announced a number of upcoming videogames that will be playable on the multimedia box, including the latest exploits in the world of Halo. Other highlighted titles include a remake of the old Nintendo fighting game Killer Instinct and a new game from Superbrothers developers Capybara Games called Below.
Microsoft did not clarify the system’s online features or digital rights management system during the event.
The company also announced that Xbox One transactions will use real money instead of the Microsoft Points system, which will be discontinued.
Expect more information on the Xbox One throughout the week, and revelations from Sony and other game publishers from the rest of today’s E3 press conferences.