LOS ANGELES — At $500, the new Xbox One X game console is expensive. It’s expensive compared to other game consoles, and it’s expensive when you’re not comparing it to anything. Unbelievably, at $500, Microsoft isn’t making any money on each box sold. “No,” Xbox leader Phil Spencer told me in an interview this week, after I asked him if Microsoft makes any money selling the Xbox One X at $500. The Xbox One X is the smallest and most powerful Xbox One ever made. It’s also the most expensive. Microsoft “So, you’re taking a loss?” I said. “I didn’t answer it that way,” he responded, intentionally not offering more detail.  Here’s what we know about why the Xbox One X is so expensive… Next »
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