We just issued a press release tonight, announcing a price drop of $50 on the Xbox 360 console, beginning Wednesday, August 8.

We're also announcing the price of the upcoming Xbox 360 Halo 3 Special Edition Console, going on sale in September, for $399.99 (all prices ERP US). 

  • Xbox 360: $349.99
  • Xbox 360 Core System: $279.99
  • Xbox 360 Elite: $449.99
  • Xbox 360 Halo® 3 Special Edition Console: $399.99

More information can be found in the press release, or on Xbox.com.