Xbox 360 Price Cut Dismissed 36
Next Generation is reporting that, despite comments from director of Xbox product management David Hufford saying that a console's 'sweet spot' is $199, Microsoft has no plans to drop the price any time soon. His comments came from a Bloomberg article we discussed last week. "Some are getting really spun up about the Bloomberg story and inaccurately reading tea leaves that don't exist. I spoke to Bloomberg nearly two months ago and we were talking about NPD data that had just been released, and chatting generally about price points of consoles in the market. The comment, which is accurately reported, unfortunately has now been taken way out of context and being reported as if I am signaling a price drop ... With Xbox 360s selling well at their current price point, Elites selling out at $479, and an insanely great portfolio of games in the market, there's no reason to announce any kind of price drop anytime soon."
Also, ANY price cut will not be telegraphed... (Score:5, Insightful)
I'm confundled (Score:5, Insightful)
Not for another few months (Score:5, Insightful)
Now, I wouldn't be surprised if in the few weeks/days before Halo 3, the often predicted price cut comes. It would push sales of Halo 3 for Bungie/MS/retailers, but more importantly the 360 itself. Not to mention all of the wireless controllers, memory cards, and other games. It would be a huge blow to the PS3 if the lower end 360 was availible for 1/3 of the price, and the top of the line for 1/2 the price.
It's not really a question of "if", but "when" and "how much". If MS was to drop the high end 360 to $300, you could get the 360, 3 additional wireless controllers ($150), 4 rechargeable batteries ($80), and Halo 3 for $10 less than the PS3.
Re:Also, ANY price cut will not be telegraphed... (Score:3, Insightful)
Re:I Disagree...because of the Wii (Score:4, Insightful)
Example. My girlfriend's parents bought her sister a Wii for her birthday. Her sister has NEVER owned a gaming console and frankly doesn't even really like gaming. She messed around with a Wii at a friends house and instantly wanted one.
I assure you she would not want a 360. Get my point?
Re:Want a price cut? (Score:2, Insightful)
With the PS3 at $600 and no exclusive must have games, Sony is responsible for selling more Xbox360's than Microsoft at this point.
The constant price cut... (Score:3, Insightful)