By Supantha Mukherjee and Sam Nussey
STOCKHOLM/TOKYO, (Reuters) - Microsoft Corp <MSFT.O> on Tuesday launched two models of its Xbox gaming console, seven years after the debut of the previous version, to capture a pandemic-driven boom in consumer spending on games.
The Xbox Series X - which the company has described as the "world's most powerful console" - will retail for $499.99 (379.1 pounds) and a lower-priced Xbox Series S will sell for $299.99.
The strategy offers consumers greater choice but the compact Series S faces criticism for being less powerful than the Series X, with less storage capacity and lacking advanced "ray tracing" graphics for titles like Capcom's "Devil May Cry 5."
Xbox will compete with Sony Corp's <6758.T> PlayStation 5, scheduled to launch on Thursday. PS5 is widely viewed as ...
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