Microsoft’s Xbox One S console is getting a $50 price cut — for the week of E3, at least. The discount is set to remain in effect from June 11 through June 17, according to gaming website IGN.
With the price drop, several models of the Xbox One S are selling as low as $249.99, all including a pack-in game. This differs quite substantially from the Xbox One’s original retail price. The console launched in November 2013 at the price of $499.99, and included an accessory that Microsoft has since unbundled — the Kinect camera.
At the time of writing, retailer Best Buy currently lists two discounted Xbox One S models: one that bundles popular title Minecraft, and another with first person shooter Battlefield 1. Each bundle also includes a controller.
The discount comes ahead of Microsoft’s E3 press conference, which takes place on Sunday, June 11, 2017 at 3PM eastern. In that conference, Microsoft is expected to unveil the next iteration of the Xbox One, currently code-named Project Scorpio, as well as release details on the system’s pricing. Xbox head Phil Spencer has said in the past that the console would launch at a “premium” price, though now that Microsoft has dropped the price of the original Xbox One several times, it’s unclear what exactly premium could mean when compared to the lower-priced option.
One thing is for certain; by dropping the Xbox One S model by $50 for the week, Microsoft has set off a firestorm of speculation on social news websites like Reddit, where Xbox One owners are reading into the lowered Xbox One S price as a sign of what Project Scorpio might cost.
“Big red flag that Scorpio will come in at $399,” said Reddit user Indiscretion, commenting on a story about the Xbox One S discount.
“If I was a betting man, my money would be on $499,” added user LaboratoryManiac.
Both will likely know the price of Project Scorpio very soon.