The E3 Media and Business Summit is two weeks away, and it looks like Microsoft may be firing a shot in the console competition. The Hollywood Reporter quoted a retailer on Friday saying the company Xbox 360 Pro will see a price cut before E3, which begins with a Microsoft press conference on July 14.
The Hollywood Reporter‘s source is expecting a $50 price cut on the Pro console, which comes with a 20-gigabyte hard drive. That would put it at $299. The last U.S. price cut came in August 2007. Microsoft, as is its practice, would not comment for the Hollywood Reporter story.
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