Temporary Xbox One price drop hits next week

Starting Nov. 2 all Xbox One bundles and consoles will be $50 cheaper, Microsoft announced this morning. The deal runs until Jan. 3 at participating retailers.

That drops the price of the standalone, Kinect-free console to $349. Bundles will range from $349 to $449.

"We want this to be an unforgettable holiday season for Xbox fans around the world," said Phil Spencer, Head of Xbox. "Only on Xbox One can you play some of the most anticipated exclusives, newest blockbuster franchises and innovative independent games of the year. We're pleased to start the season off early with an incredible portfolio that includes millions of hours of fun for gamers and their friends."

The deal will be available nationwide at most major retailers, including Amazon, Best Buy, GameStop, Microsoft Stores, Target, Toys 'R Us and Walmart.

While the press release doesn't say if they deal will be available in other countries, it does say that timing outside the U.S. will vary.