Microsoft confirmed that its smaller version of the new Xbox, the Xbox Series S, would be priced at $299.
"Let’s make it official!" the official Microsoft Xbox Twitter account wrote early Tuesday. "Xbox Series S | Next-gen performance in the [smallest] Xbox ever. $299 (ERP). Looking forward to sharing more! Soon. Promise."
The tweet came after Windows Central, a Microsoft-centric news outlet, reported that the upcoming Xbox Series X would be priced at $499 and the smaller version would cost $299.
The new consoles are expected to be launched in time for the holiday shopping season, perhaps as early as November.
Bellevue, Wash.-based T-Mobile will partner with school districts across the U.S. as a part of the program.
Shares of Microsoft were sharply lower on Tuesday, falling 3.3% to trade at $207.29, in line with a broader tech sector sell-off.