Last week rumors started to fly that Microsoft was planning to drop the price of the Xbox 360 pretty significantly. We questioned it because in July, Microsoft already did some price dropping with their 20GB Xbox 360 – dropping it from $350 down to $300. This turned out to be a temporary price drop to make way for a new 60GB model. While there has been no confirmation from Microsoft that the price-cuts are coming in September, new information suggests that the rumors are true.

Take a look at the image below. Someone took a picture of what they saw on the screen at an unnamed retailer when they did a SKU inquiry for the Xbox 360 Arcade System. As you’ll see, it shows a price of $199.99 that will be effective starting on September 7th.


September 7th would be a likely date for Microsoft to make price cuts, only because it also happens to be the date that two Xbox 360 exclusive games launch – Square Enix’s Infinite Undiscovery and Rock Band 2 (this game comes out later in the Fall for other systems). If it works as planned, prices will be as follows on September 7th:

  • Xbox Arcade – $199
  • Xbox 60GB Pro – $299
  • Xbox 120GB Elite – $399

Source: Gizmodo