This is not a sneaky retail employee; The Wall Street Journal confirms that Microsoft will be cutting $50 off their current Xbox 360 Premium package price. According to the WSJ, they have confirmed the price drop through "people familiar with the matter," as they also expect Microsoft to announce this as part of their conference on Monday morning, so you better stay tuned with our E3 2008 coverage to see what else Microsoft has in store for us.
Gamespot: WSJ confirms $299 Xbox 360
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