All Xbox 360 SKUs will get price cut on August 12

We’ve all seen the Wal-Mart and Toys R Us flyers indicating the US$ 50 price cut, but we didn’t get a clear confirmation of the good news back then. But here it is, proof that the price cut exists, and more.

The Xbox Pro SKU will get the US$ 50 price cut as advertised in the flyers (US$ 349.99), and the good bit is that the Core and the Elite SKUs will be treated to a discount as well. US$ 20 will be taken off of the Core’s current price, bringing it down to only US$ 279.99, while the Elite will get $US 30 slashed from its price tag, making its MSRP US$ 449.99.

Wedbush Morgan’s Michael Pachter said that the price cut “speaks volumes about the cost of production,” adding that Microsoft was break-even with the discount on the Pro SKU, with the production costs probably amounting to US$ 325.

The price changes will be applied on August 12, with Circuit City bundling Rockstar’s Table Tennis for the Pro SKUs. When asked about the price changes, Microsoft declined to comment.

We’ve all seen the Wal-Mart and Toys R Us flyers indicating the US$ 50 price cut, but we didn’t get a clear confirmation of the good news back then. But here it is, proof that the price cut exists, and more.

The Xbox Pro SKU will get the US$ 50 price cut as advertised in the flyers (US$ 349.99), and the good bit is that the Core and the Elite SKUs will be treated to a discount as well. US$ 20 will be taken off of the Core’s current price, bringing it down to only US$ 279.99, while the Elite will get $US 30 slashed from its price tag, making its MSRP US$ 449.99.

Wedbush Morgan’s Michael Pachter said that the price cut “speaks volumes about the cost of production,” adding that Microsoft was break-even with the discount on the Pro SKU, with the production costs probably amounting to US$ 325.

The price changes will be applied on August 12, with Circuit City bundling Rockstar’s Table Tennis for the Pro SKUs. When asked about the price changes, Microsoft declined to comment.