A leaked scan of an upcoming K-mart ad that shows the 20GB 360 Pro model selling for $299.99 has led many to believe that the system will see a price drop at E3. Ars Technica have since received an e-mail with a copy of a communication from a usually trustworthy source that claims that the price drop is not only pending, but a 60GB Xbox 360 is coming as well.
"At E3 Microsoft will make an official announcement that we are dropping the 20GB pro console to $299... As we launch the 60GB SKU throughout July, the 20GB SKU will DISCONTINUE. You will see the new SKU on your 7/1 price list," the communication reads.