Microsoft has announced a $50 price cut on all Xbox One bundles, bringing the lowest price to $300. This puts the Xbox One $50 cheaper than the PS4, and is likely a move by Microsoft to finally try and overtake the PS4 in sales after lagging behind since their launches.
This also comes a mere two weeks before E3, the biggest gaming convention of the year. Based on several anonymous sources, it is heavily rumored that Microsoft will reveal a new, more powerful Xbox One model, codenamed “Scorpio,” along with a more compact version of the current Xbox One. Based on these rumors, it is hard to recommend getting an Xbox One right now, even with this price drop. Just wait until after E3, when we’ll likely know more.