Despite Weak Sales, Microsoft Shoots Down Rumor of $349 Xbox One

From DailyTech: Despite Sony Corp.'s (TYO:6758) PlayStation 4 (PS4) outselling the Xbox One more than three to one in Q2 2014, Microsoft Corp. (MSFT) said it had no additional plans to further cut the price of its console to drive stronger sales.

Rumors of a price cut heated up after the mobile version of the Microsoft Spain website showed an image of a Kinect-free SKU with the price €349.99 -- roughly €50 cheaper than the current Kinect-free SKU. The surprising price was first reported on by TechRadar, but Microsoft later confirmed that the listing was due to "an error" -- an employee mis-entered the price of the new Kinect-free SKU.

So far the Xbox One has only received a single price cut, of sorts. It's now offering a SKU that lacks the Kinect 2 sensor for $399 USD. While this is definitely a substantial price reduction it's open to debate whether it's a true price "cut" as the reduction is only realized by dropping one of the console's top selling points (voice and motion control).

The fact remains Microsoft is scrapping a key part of its work that it put in during the Xbox One development cycle, and a key part of what it claimed made the console great.

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