What started of as a leaked scan of a K-mart ad followed by another similar report, the rumor of the Xbox 360 Pro model seeing a price drop to 299.99$ seems to be gaining more ground by the minute.

Our contact in Redington has passed on this little piece of information that mentioned, among other things, that the Xbox 360 Pro model will be seeing a price cut in India that will take it price down to INR 12,000 which seems to gel well with the 299.99$ price-point mentioned in the other reports. The move apparently is to provide a stiff competition to Sony’s PS2 market that is still showing strong growth in India. With the price cut, Microsoft hopes to entice potential buyers away from PS2 towards Xbox 360.

The source in Redington also mentioned the fact that Microsoft will be coming up with a 20Gb and a 60Gb version of the console, besides a host of new accessories. Could they be the new Wii-like controller and LIPS that we have been hearing so much about? Our best bet will be E3 2008 announcement by Microsoft that will either confirm the price-cut and the accessories or kill the rumor for good.

Redington-India has been the sole distributor of Xbox 360 in India from Day 1, besides being responsible for the distribution of Microsoft first-party and EA titles.

Editor’s Note: Microsoft India has rubbished all reports of a potential price cut being on the cards.

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By N2H

• Psywarrior Says:
  July 3rd, 2008 at 12:17 am

  well i’m sure Ms has something special in store for us, maybe they don’t wanna disclose things right now..

  but they do have things in the pipeline for us, which we would see in the coming months..

• Get Gears of war Says:
  November 13th, 2008 at 8:44 am

  Get Gears of war…

  You guys know any thing about modded Xbox 360…