Update: Microsoft has now denied the reports:
@TheAnchormanV No, you cannot believe everything you read on the internet..— Aaron Greenberg (@aarongreenberg) February 1, 2014
Priced out of the latest games console releases and their £400 plus asking prices?
Well, Microsoft might be about to ship a cheaper version of its flagship Xbox One machine.
A number of sources claim a $399 (£244) version without an optical disc drive could be set to ship out.
However, Microsoft have yet to confirm and there are no rumours about a UK release date or price.