The Xbox Series X price has been slashed to a record low of $349 in the US

The Xbox Series X price has been cut to a record low in the United States.

At the time of publishing, Microsoft’s console can be purchased with or without Diablo 4 for $349 at Walmart.

Xbox Series X has an ERP of $499.99, although it’s price fell to as low as $400 in Black Friday promotions this month.

The deals below are available to all customers, meaning a Walmart+ subscription isn’t required.

• Xbox Series X – Diablo 4 Bundle for $349
• Xbox Series X standalone for $349

The decision to discount the console so heavily may fuel speculation that Microsoft is preparing to announce updated Xbox Series X hardware.

The company recently began teasing plans for some “important announcements” at The Game Awards on December 7.

Microsoft previously used 2019’s The Game Awards to unveil the Xbox Series X console and Ninja Theory’s Senua’s Saga: Hellblade 2.

Legal documents published inadvertently in September potentially laid bare key elements of the company’s gaming strategy for years to come, including plans to launch a redesigned Xbox Series X console, codenamed ‘Brooklin’.

According to the documents, the console was planned to launch in November 2024 priced at $499. It would ditch the standard Series X’s disc tray but come with 2TB of storage.

Further reading

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Xbox is in discussions with partners about launching a mobile store

“I don’t think this is multiple years away, I think this is sooner than that,” says Phil Spencer

It would also come with “a more immersive controller” featuring new haptic feedback and accelerometer features, modular thumbsticks and a rechargeable and swappable battery.

The same leaked documents also mentioned an Xbox Series S refresh, featuring improved Wi-Fi support and 1TB of storage, launching in September 2024.