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shikamaru317 said:

My guess: They plan to discontinue the manufacture of new XB1 X stock soon and are clearing out inventory to make room for Xbox Series S, which offers about the same GPU power as XB1 X coupled with much better CPU, RAM, and storage for the same $300 price tag according to recent leaks. There isn’t really a place for XB1 X in the upcoming lineup, XB1 S will likely drop to $150 this Holiday, with Xbox Series S at $300 and Xbox Series X at $500. There isn’t really room for the XB1 X between XB1 S and Xbox Series S.

Killing 2 birds with 1X stone.

Clearing inventory for the replacement, while also trying to steal some of PS5's thunder.

SNY reveals PS5 specs shortly after MS reveals XBSX specs, then MS basically gives away XB1X right before PS5 specs are revealed.

MS is learning and fighting back. Using someone else's tactics against them can be quite useful at times.