Update (10/30 12:25pm): Best Buy has now dropped $50 off the special edition COD and Assassin’s Creed bundles (w/ Kinect version) to match Amazon ahead of the official November 2nd drop date as well.

Update (10/28 7:55am): It looks as though the $50 price drop is now live on Amazon for the Xbox One Limited Edition Call of Duty: Advanced Warfare Bundle ($449) shipped and the Xbox One Assassin’s Creed Unity Bundle without Kinect ($349) shipped. This is the lowest price we’ve seen on either bundle and nearly a week ahead of the scheduled price drop.

Update (10/27 4:45pm): Microsoft is offering an additional 5% off any purchase from the Microsoft Store when you text Play to 29502 from your mobile device, simply enter the promo code that you receive via text during checkout. We have not seen any limitations or exclusions for this deal and assume that it will work once the $50 discounts for Xbox One begin.

The crazy deal season is just around the corner now, with Black Friday like discounts starting as early as the beginning of next month from what we are hearing at this point. Microsoft looks as though it will be one of the first major manufacturers to announce deep sale pricing with its latest home console dropping $50 across the board.

You can see all the details below: 

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MS has been doing everything it can to catch up to PS4 sales numbers, and starting November 2nd will introduce a $50 price drop on a number of its bundle offerings in order to help close the gap. Starting as low as $349 for the Kinect-less option, this will mark the very first time Xbox One will be less expensive than PS4 outside of a few very limited sales.

Despite a few retailer specific ad leaks for early next month surfacing, it looks as though all major retailers will carry the price dropped consoles including Amazon, Best Buy, GameStop, Walmart, MS Stores, Target, Toys ‘R Us and likely others. Not only is the base model seeing the price drop but also the limited edition Sunset Overdrive bundle, the Assassin’s Creed Unity bundle (three games) and the Xbox One Advanced Warfare option with the limited edition controller and 1TB hard drive (which will land at $449 and be available Nov. 3rd).

If you’re in the market for a new Xbox One, it looks as though it will be smarter to wait until next week to capitalize on the drop, along with any other retailer specific promos and coupons that may be available as well.

More from Microsoft:

The holidays are starting early this year as the Season of Xbox will begin on November 2, when Xbox One will be available for a special, limited-time promotional offer of $349 in the U.S. Special promotional pricing of $50 off the console of your choice applies to any Xbox One console, including special edition bundles, offering some of the year’s most anticipated games – Assassin’s Creed: Unity, Call of Duty: Advanced Warfare andSunset Overdrive. With Xbox One available at its best price yet, and savings up to $150 off select bundles, there’s never been a better time to own an Xbox One.

“Fans don’t have to wait for Black Friday this year to enjoy great savings on Xbox One. We’re offering our best price yet, with unprecedented choices and value, so more people can play on Xbox One this holiday,” said Yusuf Mehdi, corporate vice president, Microsoft. “We’re gearing up for one of our biggest holidays ever and we are thrilled to offer fans up to $150 in savings on Xbox One and some of the biggest blockbuster games of the season.”

This holiday fans have more options to choose from with several exclusive bundles available at $50 off including:

Available on Nov. 2 in the U.S.**, the Xbox One Assassin’s Creed Bundle for $349* ERP and Xbox One Assassin’s Creed Bundle with Kinect for $449* ERP features what is shaping up to be the biggest, most intense Assassin’s Creed game to date:Assassin’s Creed: Unity as well as Assassin’s Creed IV: Black Flag on Xbox One. The Xbox One Assassin’s Creed Bundle with Kinect also includes Dance Central Spotlight.

The Xbox One Special Edition Sunset Overdrive Bundle, available in limited quantities now, features a sleek white console and wireless controller, a digital copy of the game, and special Day One edition in-game items – available for $349* ERP.

The Xbox One Limited Edition Call of Duty: Advanced Warfare Bundle for $449* ERP available starting Nov. 3, features a 1TB hard drive, custom console, custom controller and Limited Edition exoskeleton, plus a digital copy of the Call of Duty: Advanced Warfare Day Zero Edition.

This special promotion will be available nationwide at most major national retailers in the U.S., including Amazon, Best Buy, GameStop, Microsoft Stores, Target, Toys ‘R Us and Walmart.

Fans will have a broad portfolio of amazing games on Xbox One this holiday. Only on Xbox One can you play exclusive games like Halo: The Master Chief Collection, Sunset Overdriveand Forza Horizon 2, plus the newest blockbusters such as Assassin’s Creed: Unity, Call of Duty: Advanced Warfare, Destiny, Dragon Age: Inquisition, FIFA 15, Madden NFL 15, Grand Theft Auto V, Minecraft and dozens more this holiday.

“We want this to be an unforgettable holiday season for Xbox fans around the world,” said Phil Spencer, Head of Xbox. “Only on Xbox One can you play some of the most anticipated exclusives, newest blockbuster franchises and innovative independent games of the year. We’re pleased to start the season off early with an incredible portfolio that includes millions of hours of fun for gamers and their friends.”

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