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Microsoft kicks off Xbox One X pre-orders today with a limited ‘Project Scorpio’ edition

Microsoft just pulled the trigger on Xbox One X pre-orders, offering up the souped up version of its console for $499.  Unveiled back at E3 in June after a year's worth of teasers …

TechCrunch Brian Heater

Context & Ripple Effects

The road to today started in April, when Microsoft revealed the hardware under its codename — an 8-core 2.3GHz CPU, custom GPU, 12GB GDDR5 RAM and a 4K UHD Blu-ray drive — before officially christening it the Xbox One X at E3 in June with a November 7 worldwide ship date. Pre-orders going live on August 21 is the conversion point: the year of teasers becomes actual reservations at $499.

First-order effects

  • Buyers who want the limited 'Project Scorpio' edition have to commit now — scarcity branding plus a $499 price tag means Microsoft is testing how much of a premium early adopters will pay before the standard units ship November 7.

Second-order effects

  • A successful sell-through of the limited run gives Microsoft proof the premium-console tier holds, which shapes how it markets the standard edition through the holiday window against whatever inventory constraints the custom GPU supply chain imposes.

Third-order effects

  • The $499 flagship price proved durable: when Microsoft launched the Xbox Series X three years later, it landed on the identical $499 figure — evidence that the mid-cycle power-refresh playbook established here set the pricing template for the next full generation.

The trend: Microsoft has turned the premium console refresh into a repeatable product strategy, using limited editions and a $499 anchor to keep enthusiasts buying between generations.