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X360 price cuts starting to happen

Posted on Wednesday, 2 July 2008 by Speed, source: Smarthouse
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Microsoft seems to have started its Xbox360 price cutting strategy in Australia where the console can now be bought for AU $349.

The Xbox 360 Arcade is now priced at $349, down from $399, the Xbox 360 Pro comes in at $499, down from $579, and the Xbox 360 Elite is now $649, down from $729
If that isn't good enough for you, Australian retailers are reported to be slashing the prices even more with retail chain Big W selling the Arcade version for only AU $278 and K-Mart selling the Pro bundle for AU $449.

Let's see whether the rest of the world can see similar price drops soon.
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