Microsoft's Xbox Series X will release with an eye-watering price tag, the only question today is how eye-watering will that price tag be. New consoles are never cheap, and that is especially true for systems which aim to deliver industry-leading hardware specifications.

SSD storage isn't cheap, 7nm silicon isn't cheap, 8-core processors aren't cheap and neither are high-end graphics cards and GDDR6 memory. All that adds up to an expensive bill of materials for the Xbox Series X, even if Microsoft takes a small loss on its hardware sales.

The Gaming journalist Alanah Pearce has stated that a retail source has confirmed that Microsoft's Xbox Series X will cost $599 and launch this November. In the UK, this translates to a UK price tag of £549.99 including VAT.

While this price tag could be a placeholder or a fake, it sits exactly where we would expect Microsoft's Xbox Series X pricing to lie. As we said before, Microsoft's hardware isn't going to be cheap to manufacture, and this price tag is only more than the Xbox One's 2013 launch price of $499 and the Xbox One X's launch price of $499.

It is also worth considering that Microsoft is reportedly releasing a lower-end Xbox Series S console to deliver a lower cost console than Sony. This system will likely ship with the same CPU specifications and a smaller graphics processor than the Xbox Series X, targetting lower resolutions and a significantly reduced price point.

Another thing that's worth noting is that Microsoft can change their Xbox Series X's pricing at any time, reacting to Sony's PlayStation 5 and other factors when they deem it necessary.

Alanah Pearce says someone sent her a photo from a retail store computer showing Xbox Series X price of $599 pic.twitter.com/etWxdhPtd3

— THE RED DRAGON (@TWTHEREDDRAGON) August 15, 2020

You can join the discussion on Microsoft's Xbox Series X allegedly targeting a $599 price point on the OC3D Forums .