No price cut for the Xbox One just yet, as Microsoft warns fans to not believe reports

Feb 3, 2014 13:52 GMT  ·  By

Microsoft executive Aaron Greenberg has confirmed that the recent rumors about a cheaper Xbox One priced at 399 USD/EUR aren't true, emphasizing that fans shouldn't believe everything they read on the Internet.

Microsoft's Xbox One hasn't managed to overtake the PlayStation 4 in terms of sales largely because of its bigger price, as it costs $499 or €499 as opposed to Sony's 399 USD/EUR price tag for the PS4.

As such, rumors of a price cut started surfacing last week from two different sources, claiming that Microsoft is preparing to debut a cheaper Xbox One edition without a Blu-ray drive.

Now, Microsoft's Chief of Staff for Devices and Studios, Aaron Greenberg, has confirmed on his Twitter account that the rumors are false.

Greenberg added that fans shouldn't believe everything they read on the Internet.

As such, don't expect a lower priced Xbox One anytime soon.