Xbox 360 price cut seen in the wild free download

Xbox 360 price cut seen in the wild

News Xbox 360 price cut seen in the wild

Xbox 360 price cut seen in the wild A new, leaked KMart flyer shows that Microsoft is indeed set to drop the price of at least one model of its Xbox 360 console line at the upcoming E3 event.

The ad, pictured below, shows the 20GB model selling for $300 USD, a $50 USD price cut from its current sale price. There was no indication of any rebate, or temporary discount so it appears this price will be the new asking price from Microsoft. All features appear to remain intact.

Two weeks ago we reported that Jesse Divnich said he expected a price cut across the board on Xbox 360s and that he also expected the introduction of a new model.

The new price for the Pro model leaves some unanswered problems however. The entry level Xbox 360 Arcade will only cost $20 USD less then the newly reduced price Pro model meaning Microsoft will have to either drop the price even lower or completely discontinue the model which seems more likely. The other problem is the now huge gap between the Pro and Elite models which sells for $450 USD. The software giant will either have to lower the price or upgrade the hardware to avoid cannibalizing its own high end model.