We have another Xbox 360 price cut as Microsoft just announced that the Xbox 360 price cut rumors are true. Beginning this Friday, September 5th the retail pricing for Xbox 360 consoles in North America will drop to all time lows. The new console pricing puts the Xbox 360 Arcade at $199 (cheaper than the Wii), the 60GB Xbox 360 Pro at $299 and the Xbox 360 Elite at $399. This is only for North America as any other territories (Europe, Australia, etc.) have yet to announce any console price cuts.
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