Rumor: Xbox Elite dropping to $299

A scanned image from what appears to be a retail catalog seems to indicate that a $100 price drop will be in order for Microsoft's Xbox 360 Elite model.

Rumor: Xbox Elite Dropping to $299

This can all be yours for the low(ish) price of $299!

Kotaku is reporting that an image of a Meijer retail catalog has revealed an upcoming price cut for the Xbox 360 Elite model video game system. The console, which currently retails at $399, will reportedly drop by 25% ($100), to a svelte $299 price tag on or around August 30.

Additionally, Kotaku is saying that this price drop corroborates with info provided earlier in the summer from Ars Technica that claims that Microsoft will also discontinue the Pro model Xbox 360, and that Sony will also drop the PlayStation 3's price this fall. We will keep you updated if either of those two events end up happening./p>

THE VERDICT by Dave Rudden Dave Rudden's Avatar

$300 is a pretty sweet deal, and a very sizable drop (I was getting sick of $20 cuts). The ball is definitely in Sony's court right about now. And if I could toss a complaint Microsoft's way, too, the hard drives. Drop the price on them. NOW. I couldn't fit an XBLA game on there this morning for god's sake.

Comments [42]

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goldberg_evan

If this is true, then they need to drop the price of the 120 gb hard drive. I have the 20 gb and I'm down to less than 5 gb after 2 years. Sure, the 60 gb would work out, but 120 would be so much better, because I'm starting to get into downloading music videos, videos, and movies

denveraic

I was just going to get an elite this weekend. This is GREAT news. Now I can save 100 bucks! I'm so stoked.

homerocks

F***ing Awesome!!!!!!
I can finally get an Xbox 360, this is awesome!
When will this happen?

wikid18

Yeah I'm wondering when this is coming out cause I was gonna buy an xbox360 elite bundle this weekend =x

denveraic

It's supposed to happen August 30th. That is what I read on Gamespot. So a couple more weeks. I can't wait.

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