In a bold move by Microsoft to boost sales of its latest console, the price of the Xbox One will drop $50 for the holiday season in the US only to $350. The promotion starts on November 2nd and runs to January 3rd.

This will be the first time that the price of the Xbox One will be less than the PlayStation 4. Seeing as how the PlayStation 4 is outselling the Xbox One, this should give gamers plenty of incentive to go out and get that Xbox One.

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Joe Marchese is the founder / Editor in Chief of New Gamer Nation. He has been a gamer for his whole life but has been focusing on his passion to deliver the industry's new to New Gamer Nation. He is an expert of video game culture and has been featured on Fox News Online. Don't be shy to reach out and let him know what you think!