Microsoft has quietly cut $50 off the price of nearly all its Xbox One bundles, bringing the cheapest options (a 500 GB console, gamepad and game) down to $300.

While the price cut is earmarked as a "limited time" deal, it's still intriguing to see Microsoft dropping the price of the Xbox One two weeks ahead of E3.  

The company is reportedly planning to debut a more spacious, more affordable Xbox One model later this year, with a more powerful version of the console (codenamed "Scorpio") predicted to launch in 2017.

Further details on Microsoft's hardware plans are likely to emerge up to and throughout E3, which takes place the week of June 14th.