Xbox price is goinf down $50 in August 8th
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Good news for everyone:
In an effort to regain momentum in the video game console market, Microsoft Corp. will cut the price of the Xbox 360 by $50 early next month, sources said. The reduction will be made Aug. 8, according to one source in the retail world, noting that the cut will come during what traditionally has been one of the slower times of the year for game hardware sales.
Still unclear is whether the cut will be made to all three versions of the Xbox 360 on the market. The Core model, which accounts for about 20% of Xbox 360 sales, retails for $299; the best-selling Pro model sells for $399, and the Elite model is about $479.
Microsoft should get a huge boost in September with the launch of the exclusive "Halo 3." At the E3 Media & Business Summit this month, Microsoft announced a special limited-edition "Halo" version of the 120GB Xbox 360 Elite Model that will go on sale shortly before "Halo" launches. Although it won't come bundled with the game, the "Halo" Xbox 360 will have special game-related content preloaded into the hard drive.
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