The undeniable rumor, as expected, has come to be true and Microsoft’s Major Nelson has revealed September 5th as the day the Xbox 360 shall drop in price. Although not surprising, this is really the first good price drop for the 360 hardware which does not involve phasing out an old product line.
The price breakdown is as follows:
- Xbox 360 Arcade $199
- Xbox 360 $299
- Xbox 360 Elite $399
This is a US price cut, Japan had their price cut last week. We’re not sure about how the rest of the 360 regions will shake out, but they’ll probably end up with a price line much like the one above.
Anyone surprised? Anyone going to run out and buy a 360?
(Thanks, Gamestooge)

The success of the Nintendo console, the Wii, has proven to change the industry in many new and creative ways including reinvigorating slow product sales at Toys R Us. “The company went from a loss of $42 million at the same time last year to a profit of $13 million for the three months ended August 2nd,” says
I have an extra 20 GB HD, so I might buy a second 360 for use as a DVD player (since the new Arcade machines come with the HDMI port.)