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[Rumor] Microsoft is working on a subsidized Xbox 360

5/2/12 5:00pm

The Verge is reporting that Microsoft will be launching that previously rumored Xbox “lite” as early as next week. For $99 you will get a new Xbox 360 4GB with Kinect and a two year subscription to Xbox Live. The subscription will run you $15 per month and provides Gold member status, with some unnamed streaming bonuses.

By The Verge’s calculation, that puts the cost of any current option around $420 and the potential Xbox lite bundle costing around $459, just paid over time. Customers who choose Xbox lite will still get the 2 year warranty and are of course subject to a termination fee if they cancel their contract early. With E3 just around the corner, I would expect to hear more about this soon. Please, Please, Please include the Star Wars bundle! 

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