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XBOX 360 Price Cut Coming

post #1 of 14
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Quote:
Vice President of Microsoft Game Studios, Shane Kim, said in an interview that the company needs to lower the $299 - $479 price tag to increase sales among those who are not typically interested in traditional combat and racing video games. No word on how much the price will be cut or when it will happen but Mr. Kim's comments come a day after Sony cut the price on it's Playstation 3. Microsoft has sold 5.5 million XBOX 360 units in the United States and 11.6 million worldwide.
Source: Bloomberg
    
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post #2 of 14
Pretty much a given now.
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ElRigTheRig
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post #3 of 14
If it drops it will sadden me because I just bought my Premium like a month ago.
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post #4 of 14
If M$ will be loosing about 100-150 per 360 if they drop the price and Sony is loosing 500-600$? i dont see how the ps3 can compeat with that,And with a price of 250 or 199 i dont see how any one could by the PS3 of the 360 if they whant next gen gaming,and with a 3 year warrenty and the new consloes being better than the old.I think this could realy hurt sony.
    
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post #5 of 14
I <3 all these price drops. I keep going back in forth, I have a wii, but I have a nice LCD TV and would love to have good gaming on it, but it would probably collect dust like every other system
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post #6 of 14
MS said with the price drops and the new 3 year warrenty thing, it is going to cost them right around one billion dollars.
    
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post #7 of 14
Quote:
Originally Posted by SAVAGE!!! View Post
MS said with the price drops and the new 3 year warrenty thing, it is going to cost them right around one billion dollars.
ya but thats still less than sony with out the system repair problems sony is charging 499$ for a console that cost 700-800 to make,by the time that they make it to the 11 million mark they will be a lot deeper than M$.M$ is still only lossing about 100$ on every 360,thats about 2 360 for every one PS3.I dont know how many good game that are coming out in the next year but at about 50-100 hours of game play they had better have like 20 if they whant to make up for the losse of the PS3.
    
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post #8 of 14
licensing games is where they make their money
post #9 of 14
the also said on the same day that a price cut wasn't needed since they are controlling the market at the moment with 11 mil sold....
post #10 of 14
Quote:
Originally Posted by jonny1989 View Post
ya but thats still less than sony with out the system repair problems sony is charging 499$ for a console that cost 700-800 to make,by the time that they make it to the 11 million mark they will be a lot deeper than M$.M$ is still only lossing about 100$ on every 360,thats about 2 360 for every one PS3.I dont know how many good game that are coming out in the next year but at about 50-100 hours of game play they had better have like 20 if they whant to make up for the losse of the PS3.
Think, my friend. With Blu-Ray making up over $200 of the initial manufacturing cost, along with the Cell processor being cutting-edge technology...wouldn't you think that it becomes cheaper to manufacture Blu-Ray drives? Don't yields and manufacturing of brand-new processors get better over time? Xbox 360 uses disc technology that's been in the consumer market for years...dual-layer DVDs. Players for these discs began at hundreds and hundreds of dollars, but now you can get for for about $15. Find me a Blu-Ray player that costs the same. The point is that there aren't many components in the 360 that over time can make manufacturing cheaper. Cheaper enough for, say, a price drop. Of course, it's obvious now that MS uses cheap parts and cheap manufacturing processes, looking at the failure rate and all of the lawsuits, etc. Microsoft has no reason to have a price drop while Sony, with PS3 components being cheaper to make, has every reason I can think of. Maybe this is why Sony had a price drop after 3/4 of a year while MS has yet to actually release one after 7/4 years, and the rumored price drop amount (the one Mike from the Times somehow knows) is actually less of a percentage of the total price than the price drop Sony actually gave us.
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Creeping Death
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