A hot rumor has been floating around about new "evidence" that the Xbox 360 may very well be headed for a price drop.
Some see this as making sense as the E3 convention draws near and Microsoft may take the opportunity to either unveil or announce a new price point or newer model of the less-than-dependable 360.
A forum user on the High-Def Digest forums uploaded a scan of a Kmart weekly ad that supposedly shows the Xbox 360 at a new price of $299. The ad is slated for circulation on July 6, a week before E3. If the rumor and ad are correct, that would mean a $50 price drop of the Xbox 360 20GB model.
So far, the cheapest interation is the Arcade version of the 360 clocking in at $279. We’ll have to wait until E3 to see if Microsoft gives us any details on whether we’ll have a cheaper Xbox on store shelves.
[via kotaku]
