By Ishaan . May 7, 2012 . 11:32am
Microsoft have officially announced their new $99 Xbox 360 bundle, reported last week by technology news site, The Verge.
Available exclusively through Microsoft’s own retail stores, the bundle includes a 4GB Xbox 360 and a Kinect device. While the hardware itself will only cost $99, buyers of the bundle will also be required to sign up for a mandatory $15 per-month Xbox Live subscription for two years, bringing the long-term cost of the bundle to a total of $460. See how that compares to a regular purchase here.
Buyers be able to cancel this two-year subscription early, but only after they pay an early cancellation fee. See details of the cancellation fee below:
Year One of Subscription (Months Post Purchase)
|Months Post Purchase||1||2||3||4||5||6||7||8||9||10||11||12|
|Early Cancellation Fee||$250||$250||$250||$240||$228||$216||$204||$192||$180||$168||$156||$144|
Year Two of Subscription (Months Post Purchase)
|Months Post Purchase||13||14||15||16||17||18||19||20||21||22||23||24|
|Early Cancellation Fee||$132||$120||$108||$96||$84||$72||$60||$48||$36||$24||$12||$0|
Microsoft have not yet announced whether this special subscription to Xbox Live will offer additional streaming content from cable providers or sports package providers, as was rumoured.