Rumor: Xbox 360 price cut coming soon?
The chatter for a July price chop gets louder.
(Credit: Microsoft)With Metal Gear Solid 4 finally available for the PlayStation 3, it doesn't take a genius to predict that the PS3 is going to get a boost from having a hit console-exclusive title under its belt. Nevertheless, analysts are boldly proclaiming change is asunder. Sony's got the Big Mo--as in momentum--while Microsoft's got the big Slo--as in demand for its Xbox 360 is slowing down. Which inevitably means the price-cut rumors are getting the Big Sto--as in stoke those flames, baby.
Joystiq is reporting that EEDAR analyst Jesse Divnich, "Believes the PS3 is going to keep increasing its sales and Microsoft will announce a price cut for the Xbox 360 at E3" next month. And in another shocker, Divnich, "Foresees the PS3 gaining momentum and claims Metal Gear Solid 4 will actually have a greater impact on the console's hardware sales than Grand Theft Auto IV did." God, these guys are good.
The post goes on to note that the "Xbox 360 could also get a new hardware SKU with added features" (Blu-ray anyone?) and that Divnich claims that "if Microsoft does cut the price, Sony will respond with a drop of its own within two months." Unfortunately, Divnich doesn't predict exactly what the price cut will be, but I'm saying $50 across the board, with the XBox 360 Elite dropping to $399.99, the Premium (20GB) to $299.99 and the Arcade (no hard drive) hitting $249.99 or even less. It's about time someone matches the Wii's pricing, right?
Anyway, feel free to predict your own pricing scenarios and new models in the comments section.
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@Almost everyone else: $50 is $50, I do not care what your budget is. If you go to a store and see a cake that you want, but you know that it is going to be $5 cheeper in an hour, what do you do? The financally secure section of america would wait and buy it later. The portion of america that have $500,000 loans out on their houses at 15%, and are in serious financial trouble will say "Its only $5, whats the difference?". How do you think the people who waited for the cake became financally secure? They use smarts. They go to college, make $100k a year, and still cut out coupons. Why? Because they are smart. Again @ gadgetguy (@ this type of American), If you think the economy is so poor, it is your fault. You are the type of people that get loans you cant pay off, you never wait for anything to go on sale, you dont even check the prices when buying food, you go to the gas station that is selling gas 10 cents more than the one on the other side of the street, you are the ones who ends up getting all your stuff repo'd. You are the one who has nothing when you want to retire. You are the one who lives off your kids, even though they dont have any money because they never had parents to tell them how to handle money.
Disclaimer: This does not apply to everyone, but does to the vast majority of the population.
And to Brandon33: Go back to school bud. Any beginners economics class will teach you that time IS a commodity. If you waited around for an hour for a cake to cost $5 less, you just got "paid" $5 an hour. The only way that is reasonable is if you don't value your time at all or you already get paid less than $5 hr in your current career.
I can't wait to see what I get called for this post.
When one consisers the cost of an HDTV ,the display of which makes the jump to next gen truly worthwhile, plus the cost of a game(s) and other peripherals, $50 acounts for about 5% or less of the total setup. For a gamer, that is not enough of a percentage to put one off making the purchase, even if it does mean tightening the belt for the month. If you disagree, then It would have to be said that you are more of a casual player.
X is a vowel?????
A Xbox 360 Price Cut Coming????
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by sobishop
June 16, 2008 10:48 AM PDT
- None of you know $h!t about anything. The economy is taking a nice little nose dive thanks to the inflated gas prices. Of course the only people really hurt by this is the middle to lower class which there are a whole lot more of than any of the other classes. Some of us have to save that $50 to put gas in the car because we can't all rely on our parents for money. That economic stimulus check you got was to stimulate the economy not the video gaming industry.
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