Rumor: Xbox 360 with Kinect to get $100 price cut? [Update]

E3 2011 is now less than a week away but one of Microsoft's big E3 announcements may have been outed by, of all things, a Target ad. Engadget reports that an online Target ad shows a $299.99 price on a Xbox 360 with a 250 GB hard drive and a Kinect motion controller camera with a free Kinect game. That's a big $100 off what a bundle normally would cost. As of the time of this news post, that price is still being shown on the Target web site but the regular $399.99 price still shows up at checkout if you try to buy the bundle.

While this type of activity might just be an honest online mistake on Target's part, it could also mean that all retailers are prepping for a big price cut on the bundle very soon and that Target just jumped the gun on showing the new price point. If this does turn out to be true, this would certainly boost sales of Kinect-based Xbox 360 systems. Last year, Microsoft launched the new hardware version of the Xbox 360 just after its E3 2010 press conference

As we have pointed out earlier this month, Microsoft released a large number of Kinect-based Xbox 360 games when the Kinect motion controller camera was first launched in November 2011. Since then, the number of Kinect-based games has slowed down to a trickle. However, Microsoft has pledged to triple the current number of released Kinect-based Xbox 360 games by the end of 2011.

Update - Target has now said the listing on its web site was in fact a mistake and that it will be fixed "shortly"

Image Credit: Microsoft

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