- Microsoft has discounted the price of the Xbox Series X by $50, meaning it is available for $449.
- The price cut has only been done for the 1TB Disc Drive variant and is likely limited to the US.
- The gaming giant was already reported to take $100-$200 losses on the current-gen series.
Xbox Series X was the most powerful console in the world just before the PS5 Pro was launched. Even though the console has better hardware than the PS5, it had trouble with sales as Microsoft launched two variants.
While the gaming giant is now focusing on the multi-platform strategy, it doesn’t seem to totally remove its focus from the console market. Just a few days after the launch of PS5 Pro, Microsoft slashed the price of 1TB of Xbox Series X by $50.
Why it matters: It was previously reported that Microsoft takes a loss of $100-$200 on all of the Series X|S sales. So, this price cut would hurt it even more.
As you can see in the image, Microsoft has officially discounted the console’s price by $50. This is surprising, given the giant has already been taking a hit on sales. However, the PS5 Pro was just recently released, so it makes sense why Microsoft chose this price cut.
Many users have criticised the 2TB Series X for being $600, while the PS5 Pro was bashed for its $700 price tag. Now, the gaming giant might be trying to use the backlash in its favour by offering a discount and attracting more customers.
Also, fans should note that the price cut was only for the 1TB Disc Drive variant. So far, Microsoft has not reduced the price of all-digital and 2TB Disc Drive variants. Also, the discount might only be available in the US as fans from other regions have reported that there is no price cut for them.
While it is going to be hard to sell a lot more of the Xbox Series consoles, the tech giant is planning something extraordinary. In 2026, Xbox is planning to release its next-gen console, while Sony is expected to release it from 2028 to 20230.
What do you think about Microsoft’s $50 price cut on Series X? Do you think it was a smart move to do so right after the PS5 Pro was released? Let us know your thoughts in the comments section below or join the discussion at the official Tech4Gamers forums.
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[News Editor]
Obaid is pursuing a Law degree while working as a content writer. He has worked as a gaming writer for over three years because of his passion for the medium and reporting the latest updates in the industry. Having played hundreds of games, Obaid finds himself coming back to Elden Ring, Cyberpunk 2077, and Red Dead Redemption 2, with these games being among his favorites. He has also been mentioned on highly regarded websites, such as Wccftech, Metro UK, PS Lifestyle, GamePressure, VGC, and Gamespot.