A few of our retail contacts, some of whom have given us good intel in the past--and who all work for separate corporations--have sent us identical information regarding a price drop.
Adding significant gravitas to the claim is the inclusion of an authentic-looking Radio Shack newspaper circular dated September 7. The ad shows price cuts across the board for all three Xbox 360 models: the 120GB Elite for $399 (down from $449); the new 60GB Pro model for $299 (down from $349); and Xbox 360 Arcade--which lacks a hard drive--for just $199 (down from $279).
The purported price cuts are exactly in line with the drops that were rumored earlier this month. If accurate, they would potentially jump-start the 360's sales, making it newly competitive with the Sony PS3 (which has a new $399 80GB model) and even the current market champ, the $249 Nintendo Wii.
Microsoft hasn't responded to these rumors in the past, and I doubt we'll hear anything from them this time around, either. But this one certainly seems to have a whiff of verisimilitude to it--enough that I'd certainly recommend to anybody in the market for a 360 wait until mid-September to see what happens.
What do you think: would you take the plunge on an Xbox 360 for $300 or $200? Or are you just hoping that Microsoft's move would spur Nintendo and Sony to drop prices as well?