Tech

The Xbox One is now better and cheaper

By Ben Geier
CHINA-US-COMPUTERS-GAMES-INVESTIGATION
A control of a Microsoft's Xbox One game console is pictured in a shop in Shanghai on September 29, 2014. The Xbox One launched in China, the first games console officially released on the mainland after Beijing lifted a ban on the devices, which it had imposed in 2000. AFP PHOTO / JOHANNES EISELE (Photo credit should read JOHANNES EISELE/AFP/Getty Images)
Photograph by Johannes Eisele — AFP/Getty Images

Gamers everywhere, rejoice: the XBox One is about to get more powerful, and it will have less of an impact on your wallet.

The newest model of the popular console will have more than 1 terrabyte of memory. That model will go on sale for $399. The existing model, with around half of that memory — around 500 gigabytes — will see its price slashed to just $350.

Microsoft (FB) said the price cut will be permanent.

The Seattle company also announced a new wireless XBox One controller featuring a headphone jack, so you can talk to your gaming buddies directly through your controller.