Microsoft only announced its special "Work & Play Bundle" of subscription services last month, but the company is already discounting it in time for the holidays. The Work & Play Bundle, which includes Office 365 Home, Xbox Live Gold, Xbox Music Pass, and Skype Unlimited World subscriptions, is now just $149 for the year. Separately, the subscriptions would cost around $450 annually, so It's more than 65 percent in savings for services that provide access to the full Office suite, unlimited OneDrive storage, Xbox Live gaming, music streaming without ads, and unlimited Skype calls.

Microsoft's price reduction for its services bundle, from $199 to $149, is part of the company's 12 days of deals promotion. The software maker is discounting different products each day in the run up to Christmas. The Work & Play Bundle will remain at $149 for the duration of the holidays, but the one-day deals are only available in limited supply at Microsoft retail stores and online. Today's 12 days of deals offer is Toshiba's Encore Mini tablet, priced at $79 instead of $119.