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Report: Source says Microsoft will launch cheaper Xbox One sometime in 2014

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A “well-respected source” with knowledge on the situation has revealed that Microsoft will launch a cheaper edition of the Xbox One sometime within 2014, according to a report today from VG 24/7.

The senior source confirmed the new model of the next-gen console, after a post by NeoGAF user ntkrnl kicked off the rumor, though did not dish on exactly what price point Microsoft had in plan for the new Xbox One.

At $499, the Xbox One currently sits $100 more than Sony’s next-gen system the PlayStation 4, which runs gamers $399.

The report follows rumors that Microsoft had plans to launch a new, 1TB, white Xbox One that did not contain a Blu-ray disc drive.

However, industry analyst Michael Pachter panned the idea, as it would alienate both consumers, who paid much more for the original Xbox One, and retailers. You can read that full Examiner report by clicking here.

It seems that Microsoft is none-to-pleased with the leaks coming from Redmond, which include the Xbox One disc-less console and a bevy of other rumors circulating, and is seeking to find out the informant to bring legal action against him or her.

You can read that full Examiner report by clicking here.