Microsoft has lowered the price of nearly all Xbox One bundles by $50, bringing down the console's start price to $299.
The official Xbox website notes that the price reduction is for a limited time only. Nonetheless, the timing is certainly interesting as it comes at a time when everybody is expecting an Xbox One hardware refresh to be officially revealed at the E3 gaming expo in two weeks' time.
Microsoft has previously reduced Xbox One's price to $299 at occasions such as Black Friday and Christmas season, but the indiscriminant timing of the current discount makes sense only as a way to clear out stock in preparation to the new model's release.
Rumors have it that the upcoming Xbox One hardware refresh will support 4K output and will be 40% slimmer than the current model.
