Microsoft Reportedly Plans $50 Xbox 360 Price Cut
According to reports and the usual anonymous sources, Microsoft is planning to cut the price of its Xbox 360 Pro console by $50 bringing the price down to $299. The price drop is in advance of the upcoming E3 trade show opening July 15. Rumors of the cut began circulating last week with several game sites displaying snapshots of retailers advertising circulars sowing the lower price. At $299, the Xbox would be positioned $100 less than the 40GB PlayStation 3 gaming console.