Microsoft announced today that Xbox One sales tripled week-over-week after the company implemented a $50 price cut on Nov. 2.
The company began selling its console for $349 without the Kinect sensor on Nov. 2, which has helped the Xbox One outpace Sony’s Playstation 4 in the U.S. for total sales during the past two weeks.
Microsoft also noted that “shortly,” it will have sold more than 10 million Xbox One’s to retailers. Keep in mind that this stat is total consoles sold to retailers, not customers. For comparison, Sony reached 10 million PS4’s sold to customers — not just retailers — in August.
Microsoft has offered a bevy of Xbox One deals and bundles during the past few months, so much so that it’s possible to purchase the console itself for less than $250.
That price point is a far cry from the $499 tag that came with the Xbox One at launch one year ago. Since then, Microsoft began offering a Kinect-less version of the console for $399 in June and earlier this month slashed another $50.
Meanwhile, the PS4, which has consistently outsold the Xbox One for the past year, still retails for $399 — the same price since launch.