Money Matters - Simplified

Kinect to cost approx. $150--Microsoft Store

One thing that is certain is that the upcoming game console by the company will set a ground for the motion control battle and will offer tough competition to rivals like Nintendo and Sony.

Those eagerly waiting to lay their hands on the upcoming motion control gaming device by Microsoft, get ready to shell out at least $150.

In a latest announcement, Redmond, Washington based software giant has divulged the price of its Kinect Sensor for Xbox 360 to be approximately $149.99.

This is just the price of the motion control system. If the Kinect-compatible games are combined, the price of Kinect Sensor will easily cross $200.

Price subject to change
Though even the market experts had predicted Microsoft to sell Kinect for $150, company's statement should be taken with a pinch of salt as it has yet not confirmed the official pricing details.

“Official pricing has not been announced. $149.99 is an estimate only and subject to change,” reads a statement on company's website.

Further, Pre-Order Price Guarantee at Microsoft's Store states, “The advertised price for pre-order items may increase or decrease prior to the date the product is released to the public. However, you’ll only be charged the lowest price offered between the time you place your pre-order and the date the product is released to the public.”

But if the report by technology site Develop is anything to go by, the much anticipated gaming console has cost Microsoft $150 to produce, meaning that the company will be bearing loss on the game consoles, if the device is retailed at the projected price of $149.

Pricing gimmick by Microsoft?
Announcing an estimate price could be yet another gimmick by the technology giant.

When Microsoft had earlier this year unveiled it Kin phone, it did not divulge the pricing details. In fact, the company offered a rough estimation, i.e. pricing the phones between $150 to $200. When the phones were finally launched, Microsoft sold them for $100 less than the initially projected price.

Following the same strategy, the tech giant might sell the game consoles, at much lower price, thus making the price cut sound like a deal compared to the estimated price.

But if the report by technology site Develop is anything to go by, the much anticipated gaming console has cost Microsoft $150 to produce, meaning that the company will be bearing loss on the game consoles, if the device is retailed at the projected price of $149.

Considering the loss that it might have to bear, there is a low probability that Microsoft will slash the price of its highly positioned game console.

Kinect to hot up competition
Whether Microsoft will lower the price, hike it or offer the gaming device at the current project price, will be clear when Kinect hits the market in November this year.

One thing that is certain is that the upcoming game console by the company will set a ground for the motion control battle and will offer tough competition to rivals like Nintendo and Sony.

Kinect is being touted as a gaming platform that will be using “revolutionary full-body tracking” thus offering users “controller-free gaming and entertainment experience."

The Kinect box will include Kinect sensor for Xbox 360, power supply cable, user's manual, and Wi-Fi extension cable.