Microsoft Ready To Give Xbox One A Price Drop If Necessary, Says Pachter

Now that the Xbox One's online requirement and DRM have been vanquished, its $499 price point is its largest obstacle. Although the PS4 currently has the most competitive value in the industry, that could soon change if Microsoft deems it necessary.

Wedbush analyst Michael Pachter is confident that the Xbox One will sell well, but suspects that if…

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