Sat. Feb 4th, 2023
Xbox One drops to $249, now half its launch day price

If you’re not interested in the upcoming Xbox One S and its 4K and HDR color capabilities, now might be the perfect time to pull the trigger on the standard, bulkier edition of the Xbox One. As part of a temporary “summer sale,” Microsoft is now offering the console for $249 with a 500GB hard drive and your choice of a number of games, including Gears of War: Ultimate Edition, Quantum break, Forza Motorsport6, Rise of the Tomb Raideror Rare repetition.

This is actually the third time the Xbox One has dropped in price in the last two months. Microsoft dropped the asking price to $299 in late May, just weeks before E3 (although that price had been offered a few times before). Then, at E3, the company announced a new “promotional price” of $279 that would last until October 1.

This weekend’s additional price drop so close to E3 could be seen as an indication that the “legacy” consoles aren’t selling as well as the redesigned and slightly more powerful Xbox One S is about to hit stores. That redesigned system launches August 2 in a $399 edition with a 2TB hard drive. 1 TB and 500 GB hard drive versions will be available at a later date for $349 and $299, respectively.

The Xbox One’s new price is about half the asking price of $499 when the system launched in late 2013 (those launch systems do include a Kinect camera, but no bundled game). Past analysis by Ars shows that consoles typically don’t drop to 50 percent of their launch price until their fourth or fifth year on the market, though there’s a lot of variation around that historical average.

The Xbox One is also now cheaper than the struggling Wii U, which still sells for an MSRP of $299 with a 32GB hard drive and a bundled game. Sony’s PlayStation 4 has held its $349 price point since last October, barring a brief $299 dip during last year’s holiday season.

By akfire1

Leave a Reply

Your email address will not be published.