And also on the games' prices

Aug 3, 2005 14:00 GMT  ·  By

November is nearing and the rumors on Microsoft's new gaming console are starting to percolate.

After Microsoft's analysts and officials have left users believing that the Xbox 360 will be available for $299, now, it's time for Wal Mart to join the rumor race. According to information obtained by TVG from one of WalMart's employees, it seems that Xbox 360 will be available on November 4, and it will have a price of $299.

From information posted on WalMart's site, it seems that an Xbox360 game will have a price tag of $59.99, which represents a large amount compared to the pricing level of games.

More information on the Xbox360 might be disclosed at the Leipzig Games Convention, an European event similar to E3 Expo.

According to rumors and statements, Xbox 360's rival, which will be launched in 2006, will cost $400.

Ken Kutaragi, CEO of Sony Computer Entertainment, said many times that the company is not aiming at launching a cheap console. The components included in Play Station 3 are more expensive than the ones from the Xbox 360.