If you guys have been following any videogame blogs, you have undoubtedly seen rumors that the Xbox 360 is dropping $50 of its price tag. Well, if you were to head over to Target.com, you will see that the Xbox 360 Pro model is only $299.99. Did Target jump the gun? Who cares? If the site says $299.99 go pick one up at the store. If they try and jack the price up, just point to the site and tell them “no way!”

Read: Xbox 360 Price Drop Already In Effect At Target Stores?



Yesterday Sony Computer Entertainment’s CEO, Kaz Hirai announced that all PS3s produced after this past holiday are equipped with the 65nm Cell processor. This is an upgrade over the previous 90nm that were installed at launch. In addition to this news, Kaz also announced that this fall, the RSX graphics chip will also be making a jump to 65nm.

This new GPU means PS3s will be cheaper to make and use less energy. This might mean that a price drop will be coming sometime this year, but don’t hold me to that. Sony is hoping to make back some cash after the PS3 cost them $3.32 billion.

Read: PS3 graphics chip going 65nm this Fall.



Microsoft UK let slip today that UK and EU videogamers will get a price cut this Friday, Aug. 24 in an effort to boost sales across the board. Additionally, the Xbox 360 Elite will come out this Friday in those territories for €449.99 in Europe and £299.99 in the UK. Continued…