Rumors are abuzz in the gaming world about a price-cut coming to the Xbox 360.
It all seem to have begun when, recently, a member of the HighDefDigest forums posted some scans of an apparently leaked K-mart circular to be out sometime in July. According to the scans, Xbox 360 buyers may enjoy a price-drop of $50 on the Xbox 360 Premium 20GB model. Members then flocked to that thread, some expressing joy over the price-cut while some calling it an outright fake.
This triggered news reports from various sources claiming that Microsoft is indeed planning to slash the prices of Xbox 360. According to a report by HollywoodReporter, industry sources believe that the price will be dropped to $299, a price drop of $50 (Heh, that K-Mart circular said the same). The price drop is expected to come around 15th of July, just before E3.
Then comes along this report on Ars that says that not only is a price drop expected but Microsoft is also readying a new 60GB model, which was rumored a while back. It all makes sense now, doesn’t it ? The price cut would shelf out the 20GB models, making way for the bigger 60GB one. This would apparently give Microsoft enough advantage to compete with the PS3s and the Wiis. Or would it ?
Will the price drop make you buy the Xbox ?
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