"Building off a record-setting holiday, we are excited to announce a new promotion in which fans in the US can buy an Xbox One at a special price of $349, starting tomorrow, January 16, from their preferred retailer," Xbox Corporate VP of Marketing Mike Nichols said in a blog post. "We are thankful for all the excitement for Xbox One this holiday."
Note that Nichols called the price cut a "promotion," not a permanent drop. In a video accompanying the blog post, Head of Xbox Phil Spencer promised that a screenshot function is coming to Xbox One "early this year."
"I know it has been a question for quite a while," Spencer said. "We delivered themes; I think a natural add-on to themes are screenshots."