One of the most hyped and highly sought after products of Microsoft Corporation (NASDAQ:MSFT), Xbox One is now available for as little as £300 in UK. The company has cut down £30 in one shot to bring the prices of this gaming console to all time low level. Experts call it a decision inspired by the growing competition and the ever decreasing popularity of Xbox On in the country.
Analyst help identify trailing stop-losses for both long and short position in MSFT.
Insights On This Announcement:
Users can only get the bare-bones package at this price. The package includes a single controller and the console. If any user wants to enhance his experience by using Kinect motion-sensing add-on, then he will have to spend another £100. The company is about to introduce several new major-labels AAA releases for the Xbox One Console. The price cut, right before these releases is been seen as a strategic decision.
As per the reports, some of the new AAA releases include Batman: Arkham Knight, and The Witcher 3: Wild Hunt. These releases also include exclusives like Forza Motorsport 6, Rise of the Tomb Raider, Halo 5: Guardians, etc. While other companies have still not announced the price cut for their products, Microsoft’s decision may prove to be a game-changing step for the company. If taken into consideration the other major companies in this field, then you can easily find out that Sony’s PlayStation 4 costs £350, which is way more than the Xbox One Price.
If you are trying to figure out an ideal way to explore the world of gaming, but not able to reach an optimum conclusion, then the Xbox One can be a perfect choice for you. It carries the Microsoft’s brand and beats the prices of all the other gaming consoles available in the market in this category. The Xbox one has got reviews in the past; hence, slash down in the price might just do the trick for the company.