- Robot suit for rent in Japan to help people walk
- Asustek's low-priced Eee PC helps boost revenue
- Ford 'MyKey' to set limits on teen driving
- EBay cutting 1,600 jobs, 10 percent of work force
- Copyright board leaves royalty rate unchanged
- Senator urges DOJ to monitor Google, Yahoo deal
- New Nintendo DS portable will come with camera
- Industry group: August chip sales rose 5.5 percent
- Alcoa Profit Halves, Falls Short of Expectations
- Fed View On Economy Grew Darker in September
- Text: FOMC Minutes
- The Duplicitous Sheila Bair
- Bernanke: Rate Cut Possible to Cure 'Historic' Slump
- Pros Ands Cons For A Rate Cut
- Fed's Moves Will Solve 'Bear of a Problem': Stern
- Russia Gives Banks Extra $36 Billion to Fight Crisis
- Ads That Soothe When Banks Are Failing
Text Size 
Microsoft is set to cut the price of its best-selling Xbox 360 Pro model to $299 from $349, a source briefed on the matter said on Friday.
 |
CNBC.com Xbox 360 |
Microsoft [MSFT
Loading...
()
] plans to lower the price of the Xbox 360 model with the 20
gigabyte hard drive this weekend before the video game industry's biggest trade show, E3, taking place next week in Los Angeles.
A price cut has been widely reported by popular video game blogs and technology Web sites. Many posted snapshots of flyers from various retailers advertising the $299 price.
A company spokeswoman said Microsoft has nothing to announce at this time.
Microsoft last cut the price of the Xbox Pro in August, from $399 to $349, prior to the release of "Halo 3" the following month.
A cut to $299 makes the Xbox 360 Pro $100 less than Sony's [SNE
Loading...
()
] PlayStation 3 with a 40 gigabyte hard drive. Microsoft is locked in a three-way competition with Nintendo's [NTDOY
Loading...
()
] Wii and the PlayStation 3, which comes with a high-definition Blu-ray video player.
Price cuts from Nintendo and Sony seem unlikely. Nintendo's $249 Wii is still in short supply at many retailers, while Sony has said it aims to turn its video game business profitable this year, making a cut hard to swallow.
Print
Email
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes