Microsoft confirms Xbox 360 price drops for US
After quite a bit of speculation, Microsoft today has officially announced price cuts across the board on their Xbox 360 console in the US.
The Arcade will drop from $279 to $199, the Standard will drop from $349 to $299, and the Elite will drop from $449 to $399.
As Microsoft points out in their press release announcing the drop, “history shows that more than 75 percent of all console sales happen after the price falls below the $200 mark.”
Look for the new pricing to take effect on September 5th.