Xbox One price drops to $299 ahead of 'slim' console rumor for E3

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Microsoft has cut the price of Xbox One consoles and bundles by $50.

The 500 GB version will now run you $299 while the 1TB is now $319.This price reduction also applies to various bundles on offer.

For example, The Division Bundle 1 TB bundle is now $349 instead of $399. These’s also the Quantum Break bundle available for $299 which comes with a white Xbox One.

Whether this is a temporary reduction or permanent is not known as of press time.

An updated Xbox One console is expected to be 40 percent smaller than the current model. While Microsoft's console price drop looks temporary, it could be a permanent move to position the smaller successor at a higher price point and sell off existing inventory of the current Xbox One model. Microsoft is also expected to launch two new Xbox streaming devices at E3 next month, with rumors suggesting one will be Chromecast-like and the other more of a set-top box for casual gaming, apps, and streaming Xbox games from a full Xbox One console.

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Related Forum: Xbox Forum

Source: http://www.vg247.com/2016/05/31/microsoft-cuts-the-price-of-xbox-one-by-50/

Comments

"Xbox One price drops to $299 ahead of 'slim' console rumor for E3" :: Login/Create an Account :: 25 comments

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Toasty-Posted:

the rumors came true lol.

JastyPosted:

Well we know this is real now

QTPosted:

Pepperoni I think the consoles are priced too high personally


They're priced like that because the console is really nice :)

FunkyBuddhaPosted:

I think the consoles are priced too high personally

QTPosted:

I wonder what the slim will look like :)

MickersPosted:

Crazy how they denied a new console a few weeks ago.

9ntyPosted:

e3 is going to be a blast this year

BruPosted:

Would be awesome if a slim came out id snap it up striaght away!

xxRider702xxPosted:

This is too unfortunate, barely got the one a few months ago, its too early to upgrade. Lol

IQPosted:

I do hope a slim and more sleek model comes out asap. Would love to see a new, revamped Xbox One!