Microsoft still plans to raise the price of the Xbox One back up to $399 after Jan. 3

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Microsoft is sticking with its plans to raise the price of its Xbox One console back up to at least $399 after Saturday, January 3, after offering a $50 price cut on all Xbox One consoles and bundles, cutting its price down to $349 without the Kinect controller. The promo pricing began on November 2. and some retailers sold the console for as low as $329 during the Black Friday and Cyber Monday time period.

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