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Digitimes, the premier news source in usual bullshit rumors, has a new one today that actually seems a legitimate, kind of. They are reporting that there will be a $100 price cut on the Xbox 360 Premium bundle, bringing the price down to $300 so that they can later bundle the HD DVD player with the Xbox 360 for $400 and still have a solid competitive price on the PS3.

Microsoft, to prepare for the price cut, has negotiated reduced production costs for the Xbox 360 with Taiwan-based manufacturing partners, stated the sources. The manufacturers estimate that the total production cost can be reduced by 15-20% due to diminishing costs for most components along with increasing production scales and decreasing defect rates, the sources pointed out.

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For once, that rumor actually makes sense. But I'm a little pissed that I dropped four hundos on my premium without an HD DVD player. I need to listen to my mother more: "Good always comes to those who wait."

Oh, and Microsoft Taiwan denied the report, but that was a given.

Microsoft Rumored to Cut Xbox 360 Price by US$100 [Via Kotaku]

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