Microsoft won’t comment on the “rumors and speculation,” but the latest batch of images look like more than rumors: Images of upcoming ad circulars show Xbox 360 prices falling by $50 to $100.
A pretty convincing Best Buy ad shown at Kotaku lists the 360 Pro for $249 and the Elite for $299.
That was a pretty quick response to Sony’s $100 price cut and redesign of the PlayStation3 last week.
Blogs are also seeing info on Xbox price cuts at Wal-Mart and Meijer but still, an Xbox spokeswoman declined to comment this afternoon.
Now it’s time for a $200 Wii.
UPDATE: Microsoft confirmed the price drop via official Xbox blog Major Nelson, who said the price drop takes effect Friday. His breakdown of U.S. pricing, old and new:
Xbox 360 Elite was $399.99, now $299.99
Xbox 360 Pro was $299.99, now $249.99 (While supplies last, being phased out)
Xbox 360 Arcade $199.99, stays $199.99