The Xbox One just got a killer price drop

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If you've been fighting off the urge to buy a new video game console, the time may be right to finally give in: Microsoft just dropped the price of its Xbox One S console by $50, to $249.

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Even better: It comes with a free game!

xbox one s

Florence Fu / Business Insider

There are a few different options for games, and they're all pretty strong. One option is an excellent first-person shooter, "Battlefield 1." Another comes with "Forza Horizon 3," one of the finest driving games ever made. A third and final option at the $249 price point is "Gears of War 4," a critically-acclaimed, narrative-driven third-person shooter.

Let's be clear: There are no bad options here.

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Battlefield 1

EA

You can ride horses in "Battlefield 1," and this is a real scene that might really happen while playing it.

If you're looking for an Xbox One with slightly more storage space, or a different game, the $50 price drop applies across most of Microsoft's Xbox One S consoles on its website.

If you're interested, we'd suggest action fast as the deal is for a limited time only - Microsoft says it's gonna jump back up by $50 on June 17. That said, Microsoft has a history of issuing "temporary" price drops for Xbox One consoles and then making that price permanent soon after.

And there's good reason to believe that might be the exact plan.

project scorpio new xbox one

Microsoft

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The timing of this price drop is no coincidence - Microsoft's Xbox group is holding a big press conference in Los Angeles on Sunday afternoon, where the company is expected to detail the next, significantly more powerful version of the Xbox One (codenamed "Project Scorpio"). The new console is said to launch in late 2017, and Microsoft is likely to announce the price and release date - as such, it makes sense that Microsoft's previous Xbox One model would drop in price on a permanent basis.

Regardless, there's a strong price drop right now that will do. Head to Microsoft's site for more details.

Get the latest Microsoft stock price here.

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