By the way, I did screw up one thing: The $299 version of Xbox v.Next will come with a $15/mo XBLG subscription, not $10. Sorry about that.
— Paul Thurrott (@thurrott) May 3, 2013
Next Xbox from Microsoft will cost $300 and will come with $15/month contract. This was tweeted by Paul Thurrot who initially tweeted the contract price of $10/month.
The gaming console will come with either a one time payment of $500 or with a 2 year contract period and will cost $300 with $15 monthly charge with Xbox Live.
Xbox 720 aka Durango will be launched on 21st May and will be released for public at e3 expo on 10 June.