New ‘Halo’ Game to Arrive on Xbox One in 2014

Next generation Xbox One priced at $499 in U.S.

The fifth installment in Microsoft’s popular “Halo” videogame franchise will arrive on Xbox One in 2014, the company announced Monday during its E3 press conference in Los Angeles.

Microsoft also revealed that it would sell the Xbox One for $499 when it hits store shelves in November. Pricepoint is targeting the hardcore gaming community, but is also meant to help pay for all the additions to the system, that is replacing the eight-year-old Xbox 360, and is designed to serve as the entertainment hub in the livingroom with its ability to offer up  high-end games, control live TV, streaming video apps and music.

A redesigned Xbox 360 console, that’s slimmer and quieter, was also introduced that’s available now in the U.S. for $200 for a 4GB model, $300 for 250GB, and $300 for a 4GB bundle with Kinect.

SEE ALSO: Microsoft Unveils New Console: Xbox One

Sony is expected to reveal the price of its PlayStation 4 later this evening.

Microsoft gave few other details on the next “Halo,” other than to show a teaser trailer, produced by 343 Industries that showed lead character Master Chief walking across a desert and coming across a massive sphere rising out of the sand.

The graphics showed off the 60 frames per second that the game will run in and utilize cloud computing when it bows on the Xbox One, according to 343’s Bonnie Ross.

343 took over the “Halo” franchise from Bungie with the release of last year’s “Halo 4.” Bungie is now focused on “Destiny.”

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