Microsoft May Announce A Price Cut On Xbox 360

According to Sterne, Agee & Leach Microsoft ( Nasdaq: MSFT ) will announce a price cut of $50 ahead of next month’s E3 Media and Business Summit on its Xbox 360 Pro console that currently retails for $349.99. Provided Microsoft cuts prices, firm would expect similar price cuts across the other Xbox models later in the year. [...]
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