Will Microsoft give the X-Box 360 Pro a price cut in the U.S.A. before Christmas?

Suspend date: Wed 24th Dec 11:59pm PST (3 weeks to go) Settlement date: Sun 13th Jul 6:56am PDTPrediction cut-off: Predictions on this question after Sun 13th Jul 1:05am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 60%

Action history:

Created Wed 4th Jun 7:30pm PDT by erikt

Settlement requested Fri 11th Jul 5:47am PDT by jlew1122: Reuters
US News
Microsoft to cut price of Xbox 360 to $299
09:31 PM EDT
http://mobile.reuters.com/mobile/m/FullArticle/CUSN/ndomesticNews_uUSN1044787720080711?src=RSS-USN

Settled as 'Yes' Fri 11th Jul 6:20am PDT by nigeleccles: http://www.reuters.com/article/technologyNews/idUSN1044787720080711

Previous action withdrawn Fri 11th Jul 1:18pm PDT by nigeleccles: Incorrectly settled based on a unsubstantiated rumor. Re-opened until rumor is confirmed.

Settlement requested Sun 13th Jul 5:56am PDT by newswrangler:
Now ;-) Microsoft has confirmed the price cut.

Winning prediction = "Yes"

Cut-off (Reuters):
Sun Jul 13, 2008 4:04am EDT
(I don't know if there are any earlier)

<http://www.reuters.com/article/companyNewsAndPR/idUSN1332813520080713>
(market suspended)

Suspended Sun 13th Jul 5:56am PDT by newswrangler: Suspended pending settlement

Settled as 'Yes' Sun 13th Jul 6:56am PDT by nigeleccles: Confirmed: http://www.reuters.com/article/companyNewsAndPR/idUSN1332813520080713

Suspend date: Wed 24th Dec 11:59pm PST (3 weeks to go) Settlement date: Sun 13th Jul 6:56am PDTPrediction cut-off: Predictions on this question after Sun 13th Jul 1:05am PDT have been voided because they were made after the question could be settled
more info...