Xbox 360 price drop "this week"

Microsoft will drop the price of the Xbox 360 Elite within seven days – that’s the prediction of EEDAR analyst Jesse Divnich, backing up information supplied to MCV UK retail.

We expect Microsoft to make an official announcement, in the next week, regarding the elimination of the Xbox 360 Pro SKU and the reduction in the Elite SKU pricing to $299,” Divnich stated.

We do not know the full extent of the upcoming Xbox 360 promotion. There is a possibility that one of the systems could have a larger hard-drive at the $299 price. EEDAR, however, does not believe any disparity in hard-drive size will make a noticeable difference in how consumers value each product.”

MCV reported earlier today that Microsoft is preparing UK retail for changes to its Xbox 360 SKUs with an announcement that is expected to include a significant price drop for the Xbox 360 Elite.