Xbox One
The Xbox One has received another price cut ahead of E3 2016. Xbox

Microsoft has cut the price of the Xbox One console yet again. What’s more, the offer for the price cut is available only until June 13, the day before the E3 2016 event starts.

Major Nelson teased the new US$299 (approx. AU$412) price tag for the Xbox One and the US$319 (approx. AU$440) price tag for the 1TB Xbox One over his Twitter. Some of the bundles that fall under the $300 price tag include the Xbox One Special Edition “Quantum Break” Bundle, the Xbox One Name Your Game Bundle, the Xbox One “Gears of War: Ultimate Edition” Bundle, the Xbox One Special Edition “Gears of War” Bundle and the Xbox One “The LEGO Movie” Videogame Bundle.

Of course, given all of the new speculations and rumours about an upcoming improved Xbox One Scorpio, the timing could not have been better. Some are wondering what will happen once June 14 hits.

Microsoft is expected to reveal a new Xbox One console that it has reportedly been working on to face off against the PS4 Neo. This new console, currently dubbed Xbox One Scorpio is also expected to usher in VR support.

Because of this, there is now a confusion as to whether the price cut is a steal or a hint that fans should hold off. Forbes reported that the price cut of the current Xbox One may hint at a release of an improved console sometime in 2017.

E3 2016 may be a great platform to announce the new console, but Microsoft has not been definitive about its plans. The price cut does present fans with a rather odd problem. While being at par with the PS4 in price point, there is a risk of buying a new Xbox One when an improved version may be on its way.

Apart from the rumoured Xbox One Scorpio console, there is also talk that more titles are coming to the backward compatible list. Express reported that sightings of new EA titles include “Dragon Age II,” “Burnout Revenge,” “Need for Speed: Hot Pursuit,” “Fight Night Round 4” and “Fable Anniversary.”

These games are on top of “Skate 3,” which had reportedly just received a re-rating by the Korean Game Rating Board approved on May 27. Microsoft still has to confirm these developments formally.

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