Microsoft squeezes '$28' out of each XBox One

[mibuokami]

TheEspionage said:

This was announced months ago guys.  By both MSFT and Sony.

Xbox One to be Sold for Profit or Breaking Even - http://www.dailytech.com/Xbox+One+to+BreakEven+or+Make+Profit+on+Each+Sale+from+Launch/article33324.htm

Ps4 Sold for Loss announced by Masayasu - http://www.ign.com/articles/2013/09/20/playstation-4-hardware-to-be-sold-at-a-loss-at-launch

Quoting the important part of these two articles since the heading is a bit misleading:

XB1: "According to Microsoft's Yusuf Mehdi, the company plans to make money on selling games for the console and the Xbox Live subscription"

PS4: "He went on to point out that the other purchases it anticipates the average consumer will make with a PS4 at launch -- such as a PlayStation Plus membership and a game -- will allow it to recover its losses."

In short, both consoles are lose leaders, although the margin for profitability is far better than previous gen.