The MacBook Air may be slim, but it’s price is pretty hefty. Thankfully, Apple is now selling the super slim MacBook Air for $2598, that’s down from $3098.

The slashing of the price is due to a cut in price for two of the components. The Intel Core 2 Duo processor upgrade for the Air’s 1.8GHz went from $200 to $100. Also, the cost of the Flash memory based 64GB SDD drive upgrade from $999 to $599. Now, you can configure a 1.6GHz MacBook Air with a SDD Drive starting at $2398. Still pretty expensive, but that’s quite a savings.

A forum user on High-Def Digest posted a scan from next week’s K-Mart weekly circular ad and it shows a price drop of $50 on the Xbox 360 Premium. Yes, the $299 price you see still includes a 20GB hard drive.

The timing of this apparent price drop seems to sync up with whatever announcements Microsoft will have at E3. The rumors on that front include a price drop or a newer version with more storage. The scan makes no mention of price adjustments for the ‘Arcade’ or ‘Elite’ models, but we expect they will be adjusted.

Amidst announcements of a number of new iPod products and product upgrades, Apple made a surprising move today by cutting the price of its iPhone, likely much to the dismay of early adopters. Apple is now selling the larger 8GB version of its iPhone for $399 which is down $200 from the original $599 price only a couple months after the products initial launch.

Apple also said it is going to discontinue the 4GB model of the iPhone altogether, now selling it at $299 until the supplies run out.

Interestingly enough, Microsoft made a decision to give the Zune a price cut by $50 the day Apple’s making an announcement about what many are expecting to be a new iPod. The company stated that this price cut is just part of the normal product life cycle and that some recent research indicated a 94% customer satisfaction result with the 30GB product causing them to lower the price so more customers can experience the Zune.

Does this mean we going to see a new Zune soon? Maybe that …