Xbox One gets another price cut

Microsoft has announced a $50 price cut for the Xbox One console in the U.S.

The deal comes into effect on November 2 and finishes January 3, 2015, with the console retailing for $349.

The price cut applies to all bundles, including Sunset Overdrive, Assassin's Creed Unity and the Call of Duty: Advanced Warfare offer we wrote about this morning.

Here's a video of MS suits Phil Spencer and Yusuf Mehdi getting all pumped about it:

The current deal is for the U.S. only, with a spokesperson for Microsoft telling Eurogamer: "Decisions about promotional and pricing strategies are made at a local level and based on market context. We have nothing more to announce at this time."

The Xbox One launched in November last year and got a price cut in February in the UK. In September it got another price cut.

Originally sold with the Kinect motion sensor for $499 in the US, Microsoft began offering a Kinect-less model in June this year for $399.