Microsoft won't comment upon online images reportedly showing upcoming newspaper advertisements from retailers Wal-Mart and Toys R Us.
These advertisements list the retail price of the premium model Xbox 360 as USD $349, which represents a USD $50 drop from the current price. No elite or core model pricing was shown.
Historically, most recent consoles have had a price drop by this point in their lifecycle. Earlier this month it was reported that Microsoft had developed a smaller chipset for the Xbox 360 which would allow them to cut production costs.
Even so, Microsoft is not commenting on the latest price drop rumors and has made no official announcement.
Read the full article here...Mark Androvich
July 30, 3007
Source:
GamesIndustry.biz