• News

  • TV & Film

  • PlayStation

  • Xbox

  • Nintendo

  • PC

  • Reviews

  • News

  • TV & Film

  • PlayStation

  • Xbox

  • Nintendo

  • PC

  • Reviews

  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
YouTube
Threads
Submit Your Content
Microsoft halts new Xbox because it's too expensive

Home> News

Published 15:43 17 Nov 2022 GMT

Microsoft halts new Xbox because it's too expensive

Xbox boss Phil Spencer has confirmed that the streaming device, Keystone, has been pushed back due to it being too expensive.

Catherine Lewis

Catherine Lewis

Last month, you might remember that the internet all came together to play a fun game of 'what’s on Phil Spencer’s shelf' when the Xbox boss posted a picture of it in celebration of Fallout’s 25th anniversary. Eagle-eyed gamers were quick to spot that, moving past the big Vault Boy statue in the middle, what looked like a mini Xbox Series S could be seen.

However, Microsoft was quick to clarify that this mysterious new device was actually an old prototype of Keystone - AKA the Xbox streaming stick which, it’s believed, would allow users to play games without owning a proper Xbox console. At the time, a representative said that the company had “made the decision to pivot away from the current iteration of Keystone and are taking our learnings to refocus our efforts on a new approach”, and it now seems that we know what they meant by that.

Before we get into it, take a look at this satisfying Xbox 360 restoration video.

Speaking on The Verge’s Decoder podcast, Spencer revealed that the device had one major problem - its price: “Keystone was more expensive than we wanted it to be when we actually built it out with the hardware that we had inside,” he revealed. “We decided to focus that team’s effort on delivering the smart TV streaming app.

“When you’ve got Series S at $299 and like during the holidays, you’ll see some price promotions, I think in order for a streaming-only box to make sense, the price delta to [Series] S has to be pretty significant,” he continued. “I want to be able to include a controller in it when we go do that.”

Spencer was then asked what sort of price he’d be looking to at to release Keystone, to which he said: “I don’t want to announce pricing specifically, but I think you’ve got to be $129.99, like somewhere in there for that to make sense. We just weren’t there.”

Advert

However, this doesn’t mean you’ll never see the Xbox streaming stick come to fruition - he revealed that he and a number of other employees all have prototypes at home that work “really, really well”. He added: “With Keystone, we’re still focused on it and watching when we can get the right cost.”

Featured Image Credit: Microsoft

Topics: Xbox, Microsoft

Advert

Advert

Advert

Choose your content:

an hour ago
2 hours ago
3 hours ago
  • an hour ago

    Batman: Arkham Knight sequel release window being roasted by fans already

    Another day, another game that's years away

    News
  • an hour ago

    Stardew Valley: Distant Lands is a hefty expansion you can try now

    Swamptastic (sorry, not sorry)

    News
  • 2 hours ago

    MCU officially confirms its most powerful hero, is probably who you expected

    I won't argue with that

    News
  • 3 hours ago

    Cyberpunk 2077: People of Night City is a wonderful new free expansion

    This is a really well considered addition to the game

    News
  • Xbox fans furious as Microsoft brutally cancels game 10 years in the making
  • Xbox gamers blown away by brand-new console design: 'it's beautiful'
  • Xbox users concerned after Microsoft veteran claims ‘hardware is dead’
  • Xbox quietly adds 5 new free games