On August 25, 2009

Leaked Ad Shows Xbox Ready to Do the Price Cut Shuffle

The gaming console rumor factory is grinding away again, pushing out shiny new reports of Microsoft’s alleged plan to cut the price of its Xbox 360 gaming system by up to $100 in the U.S. The rumors are based on an image purported to be of an advance Target ad sheet with a price of $299.99 for the 120-gigabyte Xbox 360 Elite system, a price drop of $100, and a $249.99 price point for the 60-gigabyte Pro system, a $50 cut.

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