Next Xbox reveal due 21st May, costs $500 or $300 with a subscription, reports sugges

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Microsoft will reveal its next-generation Xbox at an event on 21st May, multiple reports have suggested.
The console will launch in "early November", seasoned Microsoft analyst Paul Thurrot has revealed. These details have been independently backed up by The Verge.
Named just "Xbox", Microsoft's machine will be "expensive" and cost around $500 (roughly £326, although likely higher in the UK). A lower price $300 (£195) model will also be available with some form of subscription.
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