Microsoft has announced that for a "limited time only", the Xbox One will be available at $50 off. This will push its 500GB bundles down to $299, while its 1TB bundles will be available for $349.
The deal is part of a Spring Sale that will also bring with it reduced prices on games including Halo 5, Far Cry Primal, and Rainbow Six Siege. Microsoft says that over 150 games will be included in the sale.
One of the most popular bundles currently available is the Tom Clancy's The Division bundle, which includes a copy of Ubisoft's latest game and a 1TB hard drive.
This is the second time that Microsoft has pushed its Xbox One into the $299/$349 price bracket, the last time being holiday season of last year which propelled it to over 1.8 million units sold in just two months.
The Xbox One currently stands at over 20 million units sold worldwide.