Microsoft announces Xbox One Christmas price cut in US

[Administrator]

UPDATE 27/10/14 11.50am: Microsoft's Christmas Xbox One price cut will remain a US-only promotion for now, Microsoft has told Eurogamer.
"Decisions about promotional and pricing strategies are made at a local level and based on market context," a Microsoft spokesperson said. "We have nothing more to announce at this time."
It's worth nothing that Microsoft's original statement on the matter states that "regional availability and timing outside the US will vary", suggesting that the offer may be announced elsewhere in due course.
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