An interesting article was submitted not too long ago by Ars Technica.com (The Art of Technology) posted by Ben Kuchera. The rumor is about this coming September, and according to a ‘reliable mole’, Microsoft is planning on dropping their prices on every version of the Xbox 360 console.

New Xbox 360 Prices Projected:

• Arcade (no hard drive) - $279.99 to $199.99
• Pro (60GB) - $349.99 to $299.99
• Elite (120GB) - $449.99 to $399.99

While the Arcade version does not really provide as much to a gamer as would the Pro or Elite version because of obvious reasons, it would be a cheap buy for a new next-gen console this upcoming holiday, and also might possibly boost Microsoft’s sales. Other than that, the Pro and Elite seem to both have a $50 cut on the price. If the rumor is true, it may help the sales for the Xbox 360 a bit the 3rd and mostly 4th quarter of this year. With rumors like this one, the only thing to do is play the waiting game. It is a good thing the waiting game does not require a subscription to play. Keep in touch for more details on this Xbox 360 price cut rumor!

If you want to check out the full article at Ars Technica.com, you can go directly to it by clicking here.