New Report Adds Weight to Cheaper Xbox One Coming in 2014 Rumors

The alleged leaks out of Microsoft continue, as yet another "well-respected source" is claiming that a cheaper Xbox One model will be here by year's end.

The latest report comes from VG247, who claims that a "senior publishing source" has confirmed with them that "Microsoft has told trusted publishing partners that it will release a new model Xbox One before the end of the year." In addition, the new version will be priced below the current $499 MSRP, a move clearly in response to better compete with PlayStation 4.

With regards to whether or not the device won't feature a Blu-ray drive, the source couldn't say, but with Microsoft's digital-focused mindset, it wouldn't be too shocking.

For the full rundown on all of the crazy Xbox One rumors that have leaked out this week, check out our comprehensive post right here.

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