Microsoft to Cut Xbox 360 Price This Weekend
Chicago (IL) - Rumors about Microsoft planning to cut the price of its Xbox 360 game console, but now there appears to be sufficient evidence that such a move is imminent: Flyers and internal memos posted on the Internet suggest that the price of the Xbox 360 Pro (Premium) console - Microsoft’s volume system - will drop by $50 from $349.99 to $299.99.
Various gaming websites confirmed an earlier report by the Wall Street Journal about the upcoming price cut. Ads from Best Buy and K-mart as well as an internal memo from GameStop essentially confirm the $299.99 price beginning Sunday, July 13. The price of the $450 Elite system is generally believed to remain unchanged.
Target online has taken it a step further by already offering the Xbox 360 Pro on its website for $299.99.
So, why the price drop?
There may be two sides to the story. One is the life-cycle of the console. As the production matures, production cost goes down (which has been confirmed by Microsoft over the past six quarters) and enables the company to drop the price to make the package more attractive.
On the other side, the Wii and the PS3 have significant momentum and are hurting Xbox 360 sales especially in Europe and Asia. According to NPD, the Xbox 360 was the second worst selling game console in May: 186,600 units were just slightly ahead of the Playstation portable, which sold 182,300 units. Sony sold 208,700 PS3s and Nintendo 675,100 Wiis and 452,600 portable DS consoles.
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It makes sense to drop the price (besides I want one so it can play with my Wii....) Dead Rising still calls my name lol
Heh,I won't buy it still,the online play is crap,because you have to pay for it.Why pay for something you are using all your resources on?
Why pay for xbox live? The cost to keep all those servers running at once to create a seamless multiplayer enviornment is enormous. Wii and PSN are basic shells compared to XBL's network, 1 friends list, message from any game, and join their game, use msn/yahoo to chat with friends right from the dashboard. I got my 13 month subscription for only $40 a year, and thats not bad at all ...
Why pay for xbox live? The cost to keep all those servers running at once to create a seamless multiplayer enviornment is enormous. Wii and PSN are basic shells compared to XBL's network, 1 friends list, message from any game, and join their game, use msn/yahoo to chat with friends right from the dashboard. I got my 13 month subscription for only $40 a year, and thats not bad at all ...
No different then users paying for WoW and other MMO games. XBL is still cheaper when you factor all the games that it works with.
What sucks is that allot of games are Xbox 360 to Xbox 360. Hell even dreamcast could play with PC.
Anyone who compares the Wii or PS3 online play to the XBox Live is obviously clueless.
I will definitely be considering the purchase of an Xbox360 with the price drop IF the model that has had the price reduced has HDMI.
In another article, there was mention of a new 60gb model coming in August. Anyone know if its a new design or just a new hard drive?
Actually, this move is kinda expected due to a refresh later on this year so they want to clear out their inventory.
I want to get my hands on the refresh console later on this year so this is good news.
Darkk
I won't buy one till there is a Blue-ray drive in it. I want full HD out of my system. Not to mention that the PS3 still throws in wireless for free, so why can't MS.