Word on the street has it that an price cut could be announced for next week, Gamer.tm reporting that will reveal their festive reduction at an event on the 22nd of September.

The website cite word from an insider source who apparently confirmed that the new Woolworths prices hinted last week are in fact true.

"Our source confirmed that the prices shown in the leaked Woolworths catalogue image – GBP 129.99 for the Arcade, GBP 169.99 for the 60GB model and GBP 229.99 for the Elite – were official," reads the piece.

We'll be keeping our eyes peeled as the 22nd nears.

By Luke Guttridge