When Reuters reports that Microsoft will cut the price from the Xbox 360 Pro (with 20GB HDD) console from $349, to $299, making it $100 cheaper than Sony's Playstation 3 you can bet on it it's true. The news comes after a lot of rumors already posted on many gaming sites following many retailers advertising with this price. But now the news seems to be pretty official altough Microsoft has not officially confirmed it. It is expected however that Microsoft will officially announce this at the A3 game trade show in Los Angeles, next week.
Microsoft last decreased prices of the Xbox 360 Pro in August, from $399 to $349. The article also reports that it's very unlikely Nintendo will lower the prices for its Wii, as it's still in short supply, and Sony has announced it wants to make its console business profitable, and is already having a hard time to do so with its current pricing.
