Come August 8th the Xbox 360 might be seeing a $50 price cut! Both Hollywood Reporter and Xbox Scene are reporting the news, although Xbox Scene wasn’t given the details on the amount of the price drop.

There was also no reference as to which models would get their prices slashed. I would guess that it would be

Bill Gates must be seeing $$ signs after Microsoft announced that they had a reported $13.37 BILLION in revenue for the quarter ending on June 30th. And for their fiscal year which just wrapped up, their reported revenue was $51.12 billion, a 15% increase from last year!

Those numbers are impressive, but I guess they do have Windows Vista, Office 2007, Xbox 360 (despite repair troubles), and Windows Server to thank for their numbers this

Last week, Bloomberg (a news agency) published comments from David Hufford, director of Xbox product management, which lead people to believe that an Xbox 360 price-drop was imminent.  Hufford was quoted as saying “We are all aware that the sweet spot of the market is really $199 bucks.” With that statement, everybody assumed that Microsoft was planning to take the Xbox 360 to that sweet spot.

Hufford later responded to the conclusions

What timing. The Halo 3 beta was just launched out to a pool of overly-excited fans, with a chunk of them undoubtedly using a modded Xbox. Unfortunately for them, Microsoft is cracking the whip and denying consoles with modded firmware access to Live.  This means that they aren’t able to play the most anticipated game of the year with others online.

Any Xbox that has been detected to have modified firmware will be banned from connecting

Last week I went around the Internet to different retailers looking for a release date for Halo 3.  I was just curious what dates were out there, and if any of them were the same in hopes of getting some indication when to expect the launch. Out of 8 different stores that I checked, there were four different dates.

Microsoft has just announced the official release date for Halo

Halo 3 is set to be released this Fall, but no official date has been announced yet. I decided to look around to see what the estimated release date was going to be, but to my surprise, nearly every place I went gave a different date. The dates ranged from July to November, so your guess is as good as mine, although four of the locations all said November

When The Simpsons Movie launches on July 27th, a few of you may be more interested in an Xbox 360 than the movie. It’s not just any Xbox, it’s a Simpsons themed Xbox 360 Pro, and there’ll only be 100 of them available.

Where can you find one? Well, really you can’t.  They’re going to be given away as competition prizes when the film launches in July. But, you can bet