Xbox One Price Drops to $300 Again Ahead of E3

The Xbox One's price has again dropped by $50 in the United States, returning it to the $300 mark it was at for periods in late 2015 and early 2016.

The official Xbox website advertises the new starting price, and it's already gone into effect at a number of retailers, such as Amazon, Best Buy, GameStop, and the Microsoft Store (which throws in a bonus controller and select game for free).

For $300, you can get 500 GB system bundles that include Quantum Break or Gears of War: Ultimate Edition, or another that lets you choose one of several games (among them, Forza 6 and Rise of the Tomb Raider). The Microsoft Store is also currently offering a bundle with a 1 TB system, an extra controller, and five games for $320.

There's no word on how long this promotion will last or if the $50 price cut will be permanent this time around. When the discount ended earlier this year, it was immediately replaced by a $50 gift card offer.

Reports suggest Microsoft is working on two new versions of the Xbox One. The first of these, a smaller system, would launch later this year, followed by one that sports improved hardware specs in 2017. If that's accurate, we may hear about some of these plans at E3--in which case, this current model of Xbox One could be in line for some kind of permanent price cut.