Mainstream jumps on Xbox 360 price cut bandwagon

by Alexander Sliwinski { Jul 11th 2008 at 11:30AM }

The Wall Street Journal, Reuters, and we expect a few other mainstream news outlets, are finding it in vogue to report the $50 price drop for the Xbox 360 Pro is imminent. As evidenced by our gallery below, we're fairly certain that the new $299 price for the Pro console will be in effect by this Sunday.

Microsoft still has not confirmed the Pro price drop, which is making us wonder. We're slowly gathering evidence, and it's still too early to say for sure, but there's a niggling suspicion that Microsoft is pulling a repeat of Sony's great PS3 clearance sale switcharoo from 2007, but that's just a rumor for now.

Source -- WSJ (Subscription required)
Source -- Reuters

Gallery: Xbox 360 $299 price drop

Tags: microsoft, price-cut, price-drop, reuters, wall-street-journal, wsj, xbox-360-price-cut

Reader Comments (Page 1 of 1)

BlackFreefall @ Jul 11th 2008 11:40AM

Maybe MS wants to annouce the price drop during E3 while introducing the 60GB.

MC Double Def DP @ Jul 11th 2008 11:53AM

Buy one at best buy now and then after the price drop go back for a 110% discount. nab yourself a cool lincoln!

MC Double Def DP @ Jul 11th 2008 11:54AM

doh, i mean price difference refund :-P

Phantom @ Jul 11th 2008 12:40PM

110% SAVINGS . OMFG , I"M GETTTING A 360 . (and a wii if it's ever put on a 50% off sale , it would only be like 100 dollars . )

blahblahbloo @ Jul 11th 2008 12:19PM

Except the PS3 price drop wasn't a clearance sale in the sense implied. After 60GB stocks ran out, the 80GB replaced at $500. Microsoft might very well be planning to replace the current 360 Core model with something new, but that something new will also sell for $300.

CGamble20 @ Jul 11th 2008 2:20PM

I think thats what they're saying.

Ben Belden @ Jul 11th 2008 12:42PM

Is anyone else reminded of the launch of the Arcade SKU? It had shown up in ads, in inventory systems at retail stores, people had even photographed them on store shelves and purchased them before Microsoft finally got around to announcing it.

deaftly @ Jul 11th 2008 12:46PM

360 Price drop?!?!?!?

Mr.ESC @ Jul 11th 2008 12:59PM

No Waii,that's crazy.

JeffM @ Jul 11th 2008 12:58PM

Still isn't cheaper than when I bought mine with a messed up KMart coupon for 20% off ($280) - that makes me feel good. :P

Nate @ Jul 11th 2008 12:58PM

It's totally a clearance sale before they introduce the new version.... but that doesn't mean we know how much the new version will cost.

Dwag @ Jul 11th 2008 1:34PM

If what that memo said is true than the 60Gb should cost $300.I still think they should lower the Elite also cause obviously we all know that a 120GB HDD doesn't cost over $200 to make and I doubt it even cost over a to make. I hope they just drop both 360s by $50 and lower those accessories.

HopOnRocks @ Jul 11th 2008 1:57PM

I live in Newfoundland, Canada and the "Pro" Bundle dropped in price to 297.83 today at my local Walmarts.

kataztrophy @ Jul 11th 2008 1:58PM

-waits for E3 like a good gamer-

J @ Jul 11th 2008 2:20PM

amen

EihBeir @ Jul 11th 2008 3:54PM

Isn't it about time for Pachter to, "predict" an Xbox 360 price cut, based on his, "data?"

linkbob @ Jul 11th 2008 6:30PM

HEY.. guys i work at gamestop and the price drop is def happening THIS SUNDAY

JETstream @ Jul 11th 2008 8:05PM

I just picked one up at the only Best Buy in my area that had one in stock. Confirmed that the price match could be done so I didn't have to hassle with it on Sunday...

BTW, they are not Refurbs... They are Falcons, unfortunately it didn't come with an HDMI cable, so I cannibalized mine from my PS3.

Now, I'm packing up my old"er" Xbox to get repaired and my brother can have that....