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Target Ad Seemingly Confirms Xbox 360 Price Cuts

Price reductions for both the Elite and Pro Xbox 360s on the way, according to US retailer.

US retailer Target has supplied further evidence pointing towards imminent Xbox 360 price cuts.

A pair of pictures from an upcoming Target advert show that the Xbox 360 Pro system will be cut by $50 to $249.99 and the Xbox 360 Elite by $100 to $299.99 from August 30.

The advert, which was uncovered by Engadget, backs up recent Wal-Mart and Meijer catalogue listings that also show the Elite 360 priced at $299.99 from the same date.

UK reports indicate that the Elite will receive a £60 price cut to £169.99 shortly.

Last week Sony announced that it was dropping the price of the PS3 by $100 to $299.