360 Price cut

[Conjoshus]

Joystiq has been in contact with the person who uploaded images (to HighDefDigest.com) showing a "new low price" of $299 advertised for the Xbox 360 in a Kmart flyer, beginning the week of July 6. He snapped the images quite quickly and they've slowly begun spreading across the internet.

We're currently attempting to confirm this information with some of our other retail contact, while our source is attempting to get a full page scan of the Kmart flyer. There is still no word on how this $50 price reduction on the Premium model will affect the Arcade or Elite Xbox 360 consoles, currently priced $280 and $450, respectively. More images can be found after the break. We'll update as soon as we learn more.

Source: http://www.joystiq.com/2008/06/26/rumor-xbox-360-dropping-to-299/

[Advocate]

Myself and Ant(Lordsnarf) work at K-Mart. We can confirm it here on Sestren.

[Conjoshus]

You've seen the ad then? Awesome :)

[Advocate]

we will post it tomorrow.

11:30am EASTERN STANDARD TIME.

[Conjoshus]

Sounds good to me :)

[Luminous]

It's about time MS has a price cut.

So if the Premium is at $299, the Elite should be $399 and the Arcade at $229 (it should be $199, IMO)?

[Advocate]

I hope its more like this ...
Elite: $359
Premium: $299
Arcade: $129

[DarthArcturus]

arcade for 130 would be great..

[Advocate]

I could then afford a 360.

[Jon Sloan]

A 360 for less than 150? Didn't PS2 just barely drop its price lower than that?

[Advocate]

We looked through the ads ... nothing.

Either he's a liar and he will photoshop the price OR he's an exec and has a MORE knowledge than me or Lordsnarf. I can confirm without a shadow of a doubt ... there is NO price drop. I have all the ads. Unless K-Mart releases a new one, but they usually have ads lined up a month in advance.

[DarthArcturus]

We looked through the ads ... nothing.

Either he's a liar and he will photoshop the price OR he's an exec and has a MORE knowledge than me or Lordsnarf. I can confirm without a shadow of a doubt ... there is NO price drop. I have all the ads. Unless K-Mart releases a new one, but they usually have ads lined up a month in advance.

:confused: god dammit ...

[Luminous]

Sad news, but they have to announce a price drop soon. They have to get the arcade under the Wii price ($199 at worst) and the premium down to at least $299.

[lordsnarf]

Yeah, I was pretty mad. I took every flyer we had in the place, and nothing...
Maybe they hid it really well...

[Conjoshus]

I hate fucking jack asses that spread lies for 5 minutes of fame. Why the hell would someone lie about a price drop?
____________
[post updated]
I wonder if this image is real or not...

http://www.joystiq.com/media/2008/06/kmartxboxhighrez2.jpg

[Advocate]

I wanna say fake. I need to see the back cover of the ad. So, I can see the dates.

Also, this looks like an ad that's not out yet. So, it maybe true. I'll find out in a few weeks. The new batch of ads will be in.

[Conjoshus]

Straight... keep us posted :)

[Advocate]

I shall.

*signing off the Sestren K-Mart Insider 1.*

**protip: Lordsnarf is Number 2.**

[Advocate]

K-Mart Insider reporting.

Its true.

360 premium is going to be next week .. $299.

I have the ad. I will post the ad and then the back page to show the dates.

So, will the arcade drop in price too?

[DarthArcturus]

forgot to comment about this but I also saw best buy add that had the drop too in agreement with what advocate just saw. I really hope the arcade drops too, therefor m2d will have to charge me less for his 360 :p


http://kotaku.com/5022121/best-buy-ad-shows-xbox-360-price-drop

[Frogacuda]

I hope it's true so I can take mine back and get some of my money back