With the upcoming landfall of titles coming to the 360 this cant be nothing but a great move.
Quote:
Originally Posted by CVG
Microsoft has officially slashed the price of all three Xbox 360 SKUs in North America, reducing the Core console to $199.99 - $50 less than a Wii.
The other two console packages see $50 reductions to $299 for the 60GB Pro and $399 for the 120GB Elite console - the later matching Sony's 80GB PS3 in price in the country.
Microsoft said it was an important milestone for the Xbox 360, as it was the first of the current-gen consoles to reach the $199.99 price point. "The majority of consumers make the decision to buy consoles once the price falls to this mark," the company said.
"Microsoft wants to drum up demand for the holiday. Microsoft's long-term vision for the Xbox is not to turn a profit today," said analyst Toan Tran told Reuters.. "It's a way to get a foothold into people's living rooms."
The news comes after the Japanese Xbox price reduction, fuelling speculation that Europe might be due for a slash later this next. We don't see any reason why Microsoft would leave us out.
The new North American Xbox prices go in to effect from tomorrow, September 5.
Good to hear that it's official. This will be a HUGE holiday season for the 360!!! I doubt the Wii will drop their price but what about the PS3 it's now twice the cost of the 360 Arcade!
Good to hear that it's official. This will be a HUGE holiday season for the 360!!! I doubt the Wii will drop their price but what about the PS3 it's now twice the cost of the 360 Arcade!
Hard to say as 1 month ago they said they had no plans to drop the price. However with the new model surfacing maybe the less expensive models will get a price cut. Wouldnt expect to see it happen here however.
Only $199.99 for the core is very cheap. You can have a PS2 at the same price in Estonia, not to mention that the 60GB version is almost two times as expensive here.
