Target Corp. this week price cut Microsoft Corp.’s Xbox 360 250GB Kinect Bundle to under $350 in a new hardware sale.

Through Jan. 28, customers can purchase the Xbox 360 250GB console with Kinect sensor at $349.99, $50 off the $399.99 MSRP.

Microsoft in Jan. said the Xbox 360 has sold 66 million units globally.

In addition, it has sold 18 million Kinect sensors and holds 40 million Xbox Live members.

Microsoft in Jan. said the Entertainment and Devices division, which includes the Xbox business, held a 15 percent increase in second quarter earnings.

The division held revenue of $4.24 billion, a 15 percent increase from the year prior.

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