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Microsoft Cuts Xbox One Price

Microsoft Cuts Xbox One Price

The company said an Xbox One model that comes with the Kinect motion camera accessory will retail for $449, down from $499. A standalone Xbox One without Kinect will sell for $349 from its earlier $399 price tag.

Microsoft says other regions may have specific promotional offers, including possible price cuts.

The changes mean the entry-level Xbox One will be priced at nearly 13 percent lower than Sony’s PlayStation 4. which has been outselling the Xbox One in the US.