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Circuit City flyer clearly marking the new Xbox 360 prices  (Source: NeoGAF)
Microsoft Xbox 360 Premium plunges $50, Elite ebbs $30, Core cut $20

Another picture of an upcoming circular for a major electronics retailer shows price cuts across the board for the Xbox 360.

Shown in the Circuit City flyer are new prices for all three versions of the Microsoft console, with the Premium 20GB version getting the expected $50 price cut. Circuit City is also offering a free copy of Rockstar Table Tennis with the purchase of the Xbox 360 Premium.

The two other Xbox 360 products, however, will not be getting as considerable a price cut as its more common brethren.

The Xbox 360 Elite, which features an HDMI port and a 120GB hard drive, will only be receiving a $30 price cut down to $449. The Xbox 360 Core package, which is missing the hard drive and other accessories, will see an even smaller cut of $20 to $279.

These prices indicate smaller price adjustments than originally forecasted by Wedbush Morgan Securities analyst Michael Pachter, who believed that the $299 Core system would drop to $249, the $399 Premium down to $349, and the $479 Elite to $399.

Although Microsoft has yet to formally announce new pricing of its console, retailer ads from Wal-Mart and Toys “R” Usalso indicate lower prices hitting on August 12.





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