Microsoft cuts the price of the Xbox One for the holiday season

Newsbrief : Microsoft has cut the price of its Xbox One console in the run-up to the holiday season, as the company looks to shift the balance of power.

From November 2, U.S. consumers will be able to pick up the Xbox One for $349, down $50 from its regular price. You'll also be able to grab either Assassin’s Creed Unity and Assassin’s Creed IV: Black Flag , or Sunset Overdrive , for free as part of a bundle.

The PlayStation 4 currently costs $399.00, giving the Xbox One a price advantage for the important holiday period. The PS4 is reportedly outselling the Xbox One by a fair margin right now.