Engadget reported on Monday that Microsoft is going to drop the price of the Xbox One $50 heading into the holiday season.
Good things come to those who wait, and Microsoft’s now in the business of richly rewarding those capable of delaying their gratification. If you’ve yet to pick up an Xbox One, then holding off until November 2nd will see the company apply a $50 price drop across the range.
According the Microsoft’s Major Nelson, the price drop will be in effect from November 2, 2014 until January 3, 2015.
This price drop is not surprising. The PS4 and Xbox One have been out for almost a year. This holiday season marks the beginning of the real fight for customers. I expect Sony to drop the price of the PS4 as well. Also, I would be really surprised if the price went back up on January 3rd.
My recommendation if you want to get your gamer a new console for Christmas is to wait until Black Friday (November 28th this year). The consoles themselves may not drop anymore but you will probably be able to pick up an extra game or two.
I will keep my eyes on this, especially as we get close to Black Friday, to let you know of any other big deals.