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Xbox One Price Permanently Dropped to $349 for Standard Model

by Kyle Hanson

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The Xbox One’s price has been in flux lately. During the holidays Microsoft dropped it’s lowest tiered console, the 500GB model without Kinect, to $349. However, the price officially stayed at $399, and even raised back to that number earlier this year. The rise was short though, and Microsoft dropped it back down a couple of weeks later, but the official price remained $399.

That has changed this morning though, with the announcement of the new 1TB Xbox One bundle, priced at $399. Microsoft went on to say “We’re also pleased to announce that starting today, the $349 USD price on all standard Xbox One 500GB consoles will be permanent in the United States and select regions.”

It’s a price drop of sorts, with the official price coming down, but most consumers hadn’t paid the official price for some time. The holiday deal was too great, resulting in Xbox One topping the US sales charts during that critical time, and fans weren’t willing to shell out more cash than what they’d previously been asked to.

The question now, as has been the case for months, is whether Sony will respond with a similar price drop for the PS4. They remain at the top of the worldwide sales charts, and have regained their spot in the US, but with their main competition now firmly $50 less than their standard price, will they decide that E3 2015 is the time to act?

We’ll be covering E3 2015 all week, starting with Bethesda on Sunday, June 14th, so keep checking back for news and information as the conference unfolds.

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