A report from Paul Thurrott claims the next Xbox will launch in early November for $499. Alternatively, you will be able to purchase one for $299 providing you’re wiling to pay a monthly $15 subscription fee for Xbox Live.
Thurrott said on Twitter May 3 (thanks, DrDamn) that he did “screw up one thing” in his report. He originally said the $299 version of the hardware would come with a monthly $10 sub to Xbox Live. He has since rectified his report to state it would be $15 a month instead.
It was also noted in the report that: “The next Xbox must be internet-connected to use. This is source of the “always on”/“always online” rumors and isn’t as Draconian as many seem to believe.”
Microsoft will also release a third-generation Xbox 360 that “will be significantly less expensive than the current models,” and is currently codenamed “Stingray”.