Microsoft had some trouble catching up with Sony last year when both companies released their new gaming consoles, Xbox One and PlayStation 4. Sony sold one million units of its console three months before Microsoft but then the Redmond-based company made a decision to cut the price by $50 right before the most lucrative shopping season of the year. This worked wonders, moving over 700,000 Xbox One units over Black Friday, but now the price has climbed back up again.
Truth be told, Microsoft did say that it was only reducing the Xbox One price for a limited time when it made the announcement back in November 2014. This move was meant to increase consumer interest over the holiday season and that it surely did.
At the time Xbox One with Kinect was being sold for a discounted price of $449 and the model without Kinect was down to $349. Last year Microsoft also unbundled Kinect from Xbox One in an effort to drive up sales.
As of today both models of the Xbox One are being sold for the original retail price, the console with Kinect will cost you $499 today, $399 without Kinect.
November saw Xbox One eclipse PlayStation 4 thanks in part to the price cut, which begs the question, will sales go through a slump once again now that the price has been increased by $50? Time will tell.