Last Wednesday The Hollywood Reporter reported an overall $50 price drop for the Xbox 360 line, presumably in response to Sony’s recent discounts on the PlayStation 3. At that time, Microsoft refused to confirm or deny the story.
Since then, bloggers have uncovered that the unannounced price drop is real. First, both Toys “R” Us and Wal-Mart advertised a “price break” on the 20GB 360 “Premium,” with a list of $349.99.
Toys “R” Us (left), Walmart circulars.
Today, Joystiq found a Circuit City circular offering price cuts on the entire product line.
I checked Amazon.com, and the 20GB SKU is still selling for $399.99. Neither the Toys “R” Us website nor the Wal-Mart site are offering the price reduction, which suggests that only certain retailers’ brick & mortar stores are affected at this time.
Microsoft may be dropping prices in advance of three major title releases this fall: Madden NFL 08, John Woo Presents Stranglehold, and of course Halo 3.
Before you run out to Wal-Mart to save $50, be sure to read this.
