Another report of Xbox 360 price cut
The Hollywood Reporter says a reduction to $299 for the 20GB version of the console will occur by mid-July.
For the second time in as many weeks, reports are circulating that Microsoft will be announcing a price cut for the Xbox 360.
The Hollywood Reporter is quoting anonymous sources as saying the 20GB version of the console will be cut to $299--a $50 reduction--before the E3 game industry show begins July 15 in Los Angeles. The report follows rumors of a price cut that surfaced last week on various .
Microsoft declined to comment on the reports, but an Xbox 360 price reduction on the U.S. market would follow similar moves in earlier this year.