Phil Spencer wants to extend Xbox backwards compatibility to PC

Spencer, however, refused to admit that Microsoft is selling each Xbox One X at a loss, clouding the profit margin that the company expects from what is described as "the world's most powerful console".

Xbox chief Phil Spencer does not think of the PlayStation 4 Pro (PS4 Pro) as a direct competitor to the just-announced Xbox One X.

Playing old Xbox games on Xbox One (and the upcoming Xbox One S) is as easy as playing Xbox 360 titles. Broadcast for the first time in 4K UHD on Mixer, Xbox showcased a record 42 games in its briefing including 22 with console exclusivity from creators large and small. Definitely not as many Xbox 360, according to Spencer.

Although Spencer said that he has not read the article himself, he still adamant that Xbox One X buyers will have virtual reality in their future.

This comes on the back of several analysts saying that the Xbox One X's price point of $649 AUD is too much.

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Newsbeat got the opinions of four key people at E3 in Los Angeles to tell us whether this will be an instant game changer, a slow success or an expensive flop.

Xbox One X will release on November 7th but the price for the console in India is yet to be released.

On June 11 Microsoft revealed in E3 2017 that Xbox One X will cost $499 Dollars.

But it seems even the cost of the Xbox One X that has everyone gawking isn't even breaking even for Microsoft. Let us know if you will pre-order Xbox One X, and what are your expectations from the console by commenting in the comments section below. "Xbox One is still a great device for us; supporting HDR gaming and the 4K video and the 4K Blu-ray stuff". It also supports native 4K resolution, which means games that can run in the higher resolution will work without trouble on the Xbox One X.

Xbox Live Gold membership required for online multiplayer on Xbox consoles.

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