Get Your New Xbox 360 At $50 Discount - Xbox 360 Cuts Prices From $349 to $299

There have been reports going around that price of the Xbox 360 Pro (Premium) console – Microsoft’s volume system – will drop by $50 from $349.99 to $299.99, and I guess it's true! On Best buy, KMart and GameStop - people have been posting the reduced prices all over. All this begins today! July 13 Sunday. The $450 Elite system though will remain at the same price.

Two possible reasons for the price cut may be

1. Competition - it can't be helped Wii and PlayStation is just kicking ass! The innovation and marketing may just be too much for Microsoft to handle, a price cut might give them a spike in terms of sales.
   
2. Lower costs - production costs have said to go down recently, enabling them to lower selling price as well. This was also the supposed reason for Apple price cut some months ago

Whichever is accurate, for sure consumers will gain from being able to purchase the Xbox console at the discounted rate. So get your own Xbox 360 today