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Machina said:

Nah, not feeling it. On top of the things others have mentioned, including the fact they didn't cut the price this year, is the fact that it hasn't even peaked in sales yet. Next year will be slower, and they'll offset that a fair bit with a decent price cut, which should see them going strong right through to the next xbox's launch in 2013.

Halo 4 on 360 AND the next xbox at the same time just sounds.... unlikely, as does giving the 360 its biggest and most impactful price cut at around the same time they're hyping up and launching a new console (talk about stealing your own thunder).