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Xbox 360 price cuts announcedvurbal @ Aug 07, 2007 11:56 | 23 comments
The new prices will be effective tomorrow, almost exactly a month after rival Sony slashed the price of the PS3 $100 to sell the remaining stock of first generation models in preparation for the launch of a newer version.
Microsoft says the cuts aren't related to Sony's move. The official announcement specifically mentions the release of Madden NFL 08, which it notes was the top selling console game last year.
"There is nothing too shocking about this," said Michael Gartenberg, an analyst at JupiterResearch. He said it's normal for companies to cut console prices between one and two years after launch.
The analyst added that the $50 price cut will bring in a whole new group of customers who ruled it out at the higher price, and that Microsoft should enjoy increased sales immediately - even though the official holiday shopping season is still months away.
Microsoft also said that the green and gold "Halo 3"-themed console, will go on sale in September for $400.
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Comment by: emugamer (Aug 07, 2007 12:07) Ok, I can swing $405. (I happen to have a Best Buy coupon for 10% off games and gaming hardware ;-) )
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Comment by: herbsman (Aug 07, 2007 12:28) Again it seems that only america counts , can't see anymore consoles being sold in Europe because U.S of A has a price reduction going on.
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Comment by: BIGnewb (Aug 07, 2007 12:37) xbox 360 has won north america over but its missing 2 more markets.europe and japan which both play a vital role too.wii and ps3 do own asia(wii more than ps3) and europe is completely forgotten by microsoft,sony is rumoured to produce a 120gb ps3 for europe which is great because europeans rather see value than price cut from what we've been hearing.if xbox wants to seal it they can do it by not just doing stuff on their own turf they need to challenge themselves.same with the zune which no one knows wat the hell that is other than in america and even here not many know. |
Comment by: 21Q (Aug 07, 2007 13:48) If the eliete cost $480 and the price drop is $50 how will it cost $450? |
Comment by: NexGen76 (Aug 07, 2007 13:58) I'm sorry but 50 bucks not going to get it.The 360 is almost 2 years old & thats the best they can do is 50 bucks.Microsoft got to do better than that because they still have the 30% failure rate hanging over there head & 50 bucks not going to get anyone motivated.If i was Microsoft i would have scrap the core version drop the 20 gig & Elite 100 bucks each.There is no excuse why Microsoft shouldn't have drop more money off. |
Comment by: maxsixer (Aug 07, 2007 15:05) Whats going on here? how come Europe is never mentioned? anyhow 50 dollars is nothing it doesn't even sound like its dropped in price |
Comment by: djeazyg (Aug 07, 2007 15:36) This is a joke. The first game you buy is probably going to be more than $50. So why not just give a game away for free. People say Sony is greedy, Microsoft is worse. At least Sony is upfront about it. MS tries to hide it. |
Comment by: rihgt682 (Aug 07, 2007 15:53) I'll buy xbox 360 when it's $5 |
Comment by: Z3120 (Aug 07, 2007 16:14) After another price cut for the 360 and a better selection of games to my liking, then I'll consider buying a 360. But until then, I'll be gratefully sticking to my PS2 for the time being. |
Comment by: b18bek9 (Aug 07, 2007 16:44) sounds like alot of sony fans here but i think its a start for Microsoft they've given a 3 year 3ROD warranty on the consoles sicne they admited the problem and now have cores for 279$ which is in reach of what the wii costs all i have to say is its a start and why would u pay 600 for a console when u can get one for half that price? just my two cents.... |
Comment by: hughjars (Aug 07, 2007 16:55) At least it's a real price-cut.
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Comment by: ZippyDSM (Aug 07, 2007 17:33) Originally posted by hughjars: Sony will have to lower their price to under 500 or face slow sales and pilling debt,better to get it over with and set the PS3 to 400$ gain 2-4 billion in debt and sale 10 million+ units in a year,rebuild the brand over night if you will. |
Comment by: NexGen76 (Aug 08, 2007 10:51) Originally posted by hughjars: Actually there is a rumor that Sony has a cheaper 40 gig version without Wi-Fi & card reader in production.It going to sell for 399.When all the 80 gigs version sell out Sony going to drop the 80 gigs version down to 499. |
Comment by: hughjars (Aug 08, 2007 11:37) I know Microsoft commented that they thought a cheap version of the PS3 was likely to be forthcoming......but that kind of flies in the face of the experience with the original cheaper $499 PS3 sku that they already dumped.
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Comment by: ZippyDSM (Aug 08, 2007 16:27) Quote:Originally posted by hughjars:
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Comment by: NexGen76 (Aug 08, 2007 18:10) Source: Microsoft to launch new Xbox 360 in months
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Comment by: ZippyDSM (Aug 08, 2007 18:19) Originally posted by NexGen76:
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Comment by: hughjars (Aug 09, 2007 10:45) Originally posted by NexGen76: - Of course they are, the 65nm CPU & GPU has been mentioned for ages. 45nm is a little newer but wholly expected.
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Comment by: ZippyDSM (Aug 09, 2007 13:48) hughjars
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Comment by: hughjars (Aug 09, 2007 19:38) Originally posted by ZIppyDSM: - Hmmm, Playstation 1 was launched in Japan dec 1994 & PS2 was march 2000. Still around the 5yr level....and PS3 might have kept to that kind of timetable had it not been delayed until nov 2006.
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Comment by: ZippyDSM (Aug 09, 2007 20:31) Quote:Originally posted by ZIppyDSM: Ya games,it did not take so long to get a decent level of games(code/optimization wise) on the PSX/PS2 because Sony put a bit of forethought in development (at least with the PS2),the PS3 is overhauling things and starting from scratch code wise.
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Comment by: fitzm (Aug 10, 2007 14:59) Is srp on Elite 499? As 21Q said, should be @ 230. I have never seen it > 279 anywhere. |
Comment by: borhan9 (Aug 17, 2007 20:36) Quote: There is the catch right there for you ladies and gentlemen. |
