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Copy and pasted from NeoGaf

A Gamestop employee just posted to the Xbox One sub-reddit that they have been told that they are closing down pre-orders for both the PS4 and Xbox One tomorrow at the close of business tomorrow, Friday June 21st.

I haven't read this anywhere else, thus the rumor in the title. I figured that if people wanted to pre-order their console of choice to get it for launch from Gamestop, they should probably do that pretty soon in case this rumor is true.

We've been told pre-orders for both systems will be shutting down (probably permanently) at the close of business on Friday 6/21 in the US. Web pre-orders may stay online for slightly longer. Just wanted to give ya'll a heads up. :)

As for the why:

Limited quantities. The systems have been preordered in insane amounts and they don't want to over-sell their stock, especially considering they don't know exactly how many of each system they'll be getting yet. This is a common practice for systems and collector's editions and etc.

Source: http://www.reddit.com/r/xboxone/comm...from_gamestop/