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Microsoft Xbox One S price slashed by $50 before Project Scorpio unveiling

Microsoft is cutting its Xbox One S price by $50 tomorrow, just as the company unveils the final name and price for its next Project Scorpio console. The Redmond-based software giant announced the price drop on Twitter today, saying that Xbox One S consoles and bundles will drop by $50 tomorrow.

However, the company revealed later that only certain bundles are getting a price cut.

While Microsoft's initial tweet was confusing and appeared to indicate a $50 off the base model that's priced at $249, the software giant later clarified that the price cut is only on certain bundles.

The Xbox One S Battlefield 1 500GB bundle and the Xbox One S 1TB Forza Horizon 3 bundle will both be discounted by $50. Effectively, this means 500GB bundles are $249, and 1TB bundles are $299.

Microsoft dropped the price of its original Xbox One console last year to $299 ahead of the launch of the Xbox One S at E3, and then dropped it further to $279 just after announcing the Xbox One S.

The new price drop for the Xbox One S could hint at a more aggressive pricing structure for Microsoft's Xbox consoles.

Many are expecting Microsoft to unveil its Project Scorpio console pricing tomorrow at the company's E3 press conference, and Xbox fans are hoping to see $399 or $449 pricing on the new hardware.

Microsoft is planning to unveil Project Scorpio at 2PM PT / 5PM ET tomorrow during its E3 press conference.