UPDATE: 360 Price Cut Confirmed?
The long-rumored $100 price cut for the Xbox 360 Elite group is real, and will reportedly go into effect by the ending of the month.
This year's Great Summer Hearsay was, of course, the existence of the PS3 Little, which was predicted to accompany a $100 price barge in Sony's current-gen console – a hearsay which was proved true antepenultimate week. However, a close second invest is the persistent word along the street that Microsoft will beryllium phasing out the Xbox 360 Favoring and dynamic the price of the 360 Elite by $100 to match the contender.
Symptomless, leaked photos of close week's Target Advertizing terminated at Engadget apparently confirm that said rumor is part true, at to the lowest degree. The photos advertise a new $299 price point for the 360 Elite, likewise as a $50 cut for the 360 Pro, now retailing at $249. Precondition the timing of Target's weekly ads, Engadget points out that this likely means the price cutting will go into set up connected Sunday the 30th.
This isn't in truth stunning, of course. Microsoft's main point of contention against the PS3 was the price; letting the competition undercut them like that would be a incapacitating mistake. It wouldn't be hard to see this coming even if the rumour hadn't been around so long. The interesting depart, though, is the $50 price cutting for the 360 Professional, because it's the only part of this that wasn't in the predictions – every bit far as we could guess, the Pro would be eliminated entirely.
Of course of action, the two don't have to contradict each other, either. This could simply beryllium a way of clearing out leftover Pro stock to throw room for altogether of those shiny new Elites.
Update: An industry tipster who requested to persist faceless confirmed to The Escapist that the $100 price cut for the Xbox 360 Elite wish be taking effect past the end of Aug. The only difference is that the $299 bunch up "will not include the HDMI cable A a pack-in."
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https://www.escapistmagazine.com/update-360-price-cut-confirmed/
Source: https://www.escapistmagazine.com/update-360-price-cut-confirmed/
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