updated 05:00 pm EDT, Wed August 26, 2009
Xbox 360 price cuts due?
Microsoft will make official the rumored drop of the Xbox 360 Pro and make other announcements regarding the new pricing structure for its two remaining game consoles, UK website MCV claimed on Wednesday. This rumor backs a previous report had the price drop coming on August 30th. It is expected that apart from the demise of the mid-range Pro model, the Elite will get a price drop to $300, while the bottom-rung Arcade model will also get a new revision, though whether this would mean a price adjustment or something else isn't mentioned
The price cuts have apparently been delayed not due to high inventory levels of the consoles, as previously reported, but apparently to coincide with the release of Sony's new, slim PS3, which is expected to be released on Tuesday, September 1st.