Just a few weeks ago we have head rumours about new Xbox 360 price drop by Microsoft once again. However , the confirmed news source is just speculation.
Art Technica is reporting that Microsoft will cut the price for its Xbox 360 consoles next month. Apparently, they expect the Xbox 360 Arcade (no hard drive) to carry a new price tag of $199, the Pro (60 GB) version of Xbox 360 would be made available for $299 and the Elite (120 GB) model would cost $399.
Previously, Microsoft had reduced the price of the 60 GB version to $349 and 20 GB model to $299. Now, if you compare the cost, 60 GB has again reached the same price tag as that of 20 GB.
Comparing the current prices of Live Arcade and Elite console with the new speculated prices, the Arcade will receive a price cut by $80 and the Elite console will have a price drop by $50.