New 360 Price Cut in September
Citing an unnamed "mole," tech site Ars Technica said in about a month, retailers will begin selling the hard drive-less Xbox 360 Arcade for $199 (down from $279), the 60GB Xbox 360 Pro for $299 (from $349) and the 120GB Xbox 360 Elite for $399 (from $449).
The report gained more credence over the weekend when a tipster sent sales tracking site VGChartz alleged photo evidence of a sales cut.
The picture shows what is presumably a screen from a sales terminal, which displays an SKU inquiry for an Xbox 360 Arcade with a price of $199 beginning September 7.
The timing of the rumored price cut would come just after Microsoft reduced the price of the 20GB Xbox 360 pro to $199 in July in order to clear out remaining stock.