UPDATE: Target memo shows Xbox 360 price drops, second slim model planned

James Delahunty
14 Jun 2010 20:07

An internal memo from U.S. retailer Target has revealed that the price of non-slim Xbox 360 models is to be cut by $50 on Tuesday. Microsoft unveiled a new slimmer Xbox 360 console with a 250GB HDD and internal 802.11n WiFi for $299, the same price point as the Xbox 360 Elite console that comes with a 120GB HDD.
The Target memo about the price cuts reads...

Due to an announcement made Monday 6/14, the following Xbox Game Consoles will be Price Cut by $50 effective Tuesday 6/15:
207/21/2 (Xbox 360 ARCADE CORE HARDWARE): $199.99 to $149.99
207/21/4 (Xbox 360 ELITE CONSOLE): $299.99 to $249.99
207/21/7 (NFC Xbox 360 COD MODRN WRFE2 LTD ED): $399.99 to $349.99
207/21/8 (Xbox 360 FINAL FANTASY XIII BND): $399.99 to $349.99
207/21/9 (TC SPLINTER CELL BUNDLE): $399.99 to $349.99
Source: Kotaku

The new Xbox 360 console will be available in stores later in the week, after Microsoft revealed it started shipping on Monday.
UPDATE: Microsoft has revealed that a second slim Xbox 360 console is currently in the works with the aim of replacing the Xbox 360 Arcade model, priced at $199. The company has also confirmed that the old Xbox 360 "fat" consoles will be discontinued.
Ryan Moore, product marketing manager for Xbox, revealed the plans to GameSpot but refused to specify what features would be gone from a cheaper slim Xbox 360. A unit without WiFi and a hard drive is entirely possible, as contrary to some reports, the hard drive in the new slim Xbox 360 is detachable. Moore also said that in the near future, Xbox 360 consoles won't have titles (like Arcade, Elite) but instead will be differentiated by their memory capacity (by memory, we assume it means storage).