Geoff Keighley Says ‘With Confidence’ That Xbox Scorpio Is Priced At $499 – Forbes

Xbox One Elite

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Xbox One Elite

We are just hours away from Microsoft big Xbox Scorpio-based press event at E3, but a fresh leak may have just laid out what the price of the powerful system will be.

The information comes from a somewhat unlikely source, video game journalist/event organizer/host Geoff Keighley, a well-known figure in the industry, but someone not known as of late for big scoops or leaks. But he’s come forward to say that according to his own inside knowledge, the Xbox Scorpio will be priced at $499. His tweet:

“I can now say with confidence Project Scorpio is $499. Unless something changes today, that is what will be announced.”

It’s a bold statement, and at least a few people in Keighley’s feed have said that’s also what they’ve heard, but it’s unclear who’s joking and who isn’t. But for Keighley to make a public statement like this just hours ahead of the show, he must be pretty confident in the price point. And he is definitely someone who would be in the position to know something like this.

You can already immediately see the divide among Sony and Microsoft fans. Those not loyal to Xbox think the price is too high, even if the Scorpio is hugely powerful. If you want loads of power, get a gaming PC, is the common refrain. But Xbox fans are saying this price is exactly in line with what they expected, and if anything, a pretty good deal, given the specs and potential performance of the machine.

I predicted a $499 price for the Scorpio ahead of the show, but many were hoping it could go as low as $399 to compete with PS4 Pro directly. While a premium price point could pan out for Microsoft, Xbox One certainly has bad memories of that number. The system was originally sold at $499, but that price was due to being bundled with Kinect, which was later cut out so the price dropped. But not before the Xbox One was well behind PS4 in sales, a gap they’ve never closed. With Scorpio, there’s no additional peripheral, and for $499 this time around, you’re just paying for pure power.

It’s hard to know how the market will react if this is indeed the price. Releasing a $500 upgraded Xbox One now when PS4s cost $250-$400, the Nintendo Switch costs $300 and the Xbox One itself is down to $200-300 depending on the version, that’s a bold move. Is bold the right word?

Again, this is still technically a rumor, and even Keighley admits there might be a last minute change of plans. If the internet melts down about what a terrible price this is in the next few hours, maybe Microsoft will call an audible at the last second, but for a megacorp like them, that’s not how these kinds of decisions are usually made.

In a few hours, we’ll know for sure.

Update: Keighley has taken to NeoGAF to elaborate on/defend his reveal. More info:

– He is sticking by his claim, saying that the $499 price point is being used in rehearsal

– He says they could change the price at the last minute, but there’s no way they would knock $100 off at this point

– He said that the system *starts* at $499, implying there’s room for higher priced variants with perhaps larger hard drives

– He said that the official name he’s heard for the unit was one he listed in a Twitter poll earlier. Those names included Xbox Scorpio, Xbox Two, Xbox 10 and Xbox One X

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