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xboxMicrosoft just announced that the Xbox One will cost $499 in the U.S., launching in November.

That’s $100 more than the cost of the Xbox 360 console when it launched in 2005. Microsoft has decided to include a Kinect sensor with every Xbox One — one of the factors playing into the higher price.

The news came during the company’s presentation at E3 video-game convention in Los Angeles, where the Xbox team spent the better part of 90 minutes showing glimpses of many of the games planned for the new console, including a new installment in the Halo franchise for Xbox One in 2014.

That timing could give the new console an extra boost sometime during the year after the launch, but it also will be a disappointment to Halo fans hoping for a new installment in the franchise at the Xbox One debut.

Coupled with the $499 price, Microsoft may have its work cut out for itself come November.

Additional coverage of the Xbox One E3 briefing …

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