We are expecting price drops to be announced for both the Xbox 360 and Playstation 3 at next week's E3 conference in Los Angeles and the first proof of that price drop could have just been revealed accidentally by Target's website.
The Xbox 360 250GB Kinect Bundle is shown with a $299.99 price on the main video game page on Target's website. However, clicking on the call out box on the website takes you to the product page where the price is still listed as $399.99.
This could just be a typo on Target's part but more than likely this is a timing error for the in-site advertisement as the $299.99 price was likely intended to debut next Monday after Microsoft's E3 press conference and not this Monday.
With the most expensive Xbox 360 bundle dropping by a $100 it does raise questions about what will happen with the other versions. Will the Xbox 360 4GB Kinect Bundle drop down to $199.99? And what will happen to the stand-alone versions of the 4GB and 250GB versions of the Xbox 360 currently priced at $199.99 and $299.99 respectively? Will there be any phase outs of certain SKUs? We also wonder if this portends a possible price drop for Kinect as well.
We think a price drop announcement at E3 is highly likely given that it has almost been two years since the price of the Xbox 360 was last dropped. We'll have to keep an eye out on more possible leaks or just wait until Microsoft's E3 press event.
It would be overkill for M$.