Just when you thought Microsoft’s moves with the Xbox 360 console were over.. come new rumors courtesy of Ars Technica that the console may be headed for further price cuts this fall. According to a source known only as “the mole” (ha..), the Ars Technica piece states tat possible early September price cuts would be as follows:

• Xbox 360 Arcade would drop to $199 (no hard drive on this model)
• Xbox 360 Pro with the new 60GB HDD would go to $299
• Xbox 360 Elite with the 120GB HDD would drop to $399

Most importantly, a drop to $199 for the barebones Xbox 360 would mean this would be the first next generation console system to crack the $200 dollar price barrier (albeit by one dollar). Now would this actually spell additional sales for the Xbox 360? Considering all the new enhancements coming to the Xbox 360 this fall, a price cut would certainly make things more enticing for the Xbox 360 console. Not only would it attract new first time buyers, it could see repeat purchases from folks who already have an Xbox 360 and would like to get another one for say.. the bedroom.

[Check it out via News.com]

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