The latest Xbox 360 rumor is actually pretty obvious, so it's difficult to tell if it's based on informed speculation or an authentic leak from the Redmond campus. Reports suggest the console will drop $100 in price (so imagine $200 for the core, $300 for the full and under $400 for the Elite) to coincide with the Halo 3 launch in late September. Truth be told, now that Microsoft is apparently making a profit on the console (typically sold at a loss, at least in the early part of the lifecycle), it would be missing a huge opportunity to crush Sony under its heel, at least for a little while. So - for those Halo fans who've resisted the 360 until now - you can almost bet it'll happen, if not on launch day then certainly before the holidays...
UPDATE: Microsoft is now avidly denying that a 360 price cut is imminent, but they are (as you'd expect) non-specific about future pricing plans. Truth be told, they'd be very stupid not to cut the console price if it would help move some heavily marked up Halo 3 Legendary Editions and eat away at Sony's chance at catching up its installed base this generation. And even stupider still if they telegraphed that move too early, eroding already stagnant summer adoption.
UPDATE: Microsoft is now avidly denying that a 360 price cut is imminent, but they are (as you'd expect) non-specific about future pricing plans. Truth be told, they'd be very stupid not to cut the console price if it would help move some heavily marked up Halo 3 Legendary Editions and eat away at Sony's chance at catching up its installed base this generation. And even stupider still if they telegraphed that move too early, eroding already stagnant summer adoption.
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