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Xbox 360 Price Cut Official

Xbox 360 Price Cut Official

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In a move to offset the PlayStation 3 price cut and to increase holiday sales, Microsoft has announced the heavily rumored Xbox 360 price cut, which will go into effect on August 8th.  The price cut will set the Premium model at $349.99, the Core model at $279.99, and the Elite model at $449.99.

This price cut is only effective, however, in the US.  According to a Microsoft representative, “This announcement was specifically around pricing in the US. We have not announced any pricing changes in Europe.”

We’ll keep you updated as news happens.

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