Microsoft thinks Xbox One is worth $500 for its extra features — even if you don’t want them

Microsoft believes that the Xbox One home console is capable of a lot more than just gaming, and the company’s chief financial officer thinks you should pay a bit more for those extra features.

An investor asked Microsoft chief financial officer Amy Hood about the price of the Xbox One during a conference call following its quarterly financial report. The Xbox One debuts at retail for $500 on Nov. 22. The system’s biggest competition, Sony’s PlayStation 4, arrives Nov. 15 for only $400.