I can now say with confidence Project Scorpio is $499. Unless something changes today, that is what will be announced.— Geoff Keighley (@geoffkeighley) June 11, 2017
Over the past year people I've chatted with friends that such a powerful console would cost the consumer between $750 and $1000. I felt that would be a fair price for gamers that are looking for top performance. At $500 it seems like a bargain.
However, you have the consider the PC gaming market. PC gamers can build a very strong system for $750. So, $500 is a safe price. Plus, it plays into the hands of Xbox selling plenty of consoles during the holidays.
What happened to the PS4 Pro? I think Xbox Scorpio will outsale Sony's PS4 Pro. We'll find out more in Xbox's presentation that is only minutes away.