The company also officially unveiled the new (and much smaller) Xbox One S yesterday.

Microsoft also dropped the price of 1TB Xbox One consoles to $299.

The discounts are available in the US for a limited time, said a Microsoft spokeswoman.

Microsoft Xbox One now available at a new low price of $279

However, the Microsoft Store currently states that it will be released on August 31.

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source: www.techworm.net