Microsoft Announces Xbox One Holiday Price Drop And Huge Xbox Live Sale

Microsoft has announced a new Xbox One price cut to $300. The decrease is limited to the holiday season, running from December 9 to December 26. All consoles will drop in price by $50, including the more expensive 1 terabyte SKUs. This move is made to match Sony’s temporary price cut of the PlayStation 4. That promotions ends a week earlier, on December 19.

The company is also launching a massive digital game sale on Xbox Live later in the month. It’s billed as a “Countdown” sale event, but actually extends into the New Year. The event will last from December 22, 2015-January 7, 2016.  The sale will include more than 200 deals, with discounts ranging from 40-60 percent. It will include daily and weekly deals, and Xbox Live Gold member can expect to reap the biggest savings.

Microsoft has not specified which games will be discounted, but has only promised that “epic games” will be on sale.

In case you missed it, Microsoft recently announced theGames With Gold available for December 2015. They also rolled out a major update last month, introducing backwards compatibility functionality for a large number of Xbox 360 games. The functionality lets players use Xbox One features like recording and screenshots with the last-generation games. Microsoft promised more games would be added.