xbox 360 price cuts

[aaronkupen]

Analyst: Xbox 360 Price Cut Imminent : Next Generation - Interactive Entertainment Today, Video Game and Industry News

In a nutshell, core will be 250, premium will be 350, and the elite will be 400.

Anyone here think this will be significant enough to counter Sony's price cut? Does anyone else even think a 360 price cut is even necessary as of now? -- Microsoft is still selling oodles of them.

Comments, Remarks, Concerns?

[Brinson]

If they had done this when the wii was new it might have been more helpful to them.

[fade2black2004]

nah i dont think so the wii was aimed for certain people
i think this will help sales a good bit especially now with the extended warranty and the fact that they are fixing the bugs

[charles_scott]

It means I can now afford the Elite and Halo 3 when it comes out...

[Oreo]

Me thinkies there was no point.

[Poizen22]

Originally Posted by fade2black2004

nah i dont think so the wii was aimed for certain people
i think this will help sales a good bit especially now with the extended warranty and the fact that they are fixing the bugs

yand those certain people is everyone lol its meant to bring gaming back to the masses but really it just made the fps a litle more difficult altho i loved redsteel

[TheEnd187]

A price cut wouldn'tbe good for the stockholders or M$, although thay have almost unlimited capital, they are still losing 1.05-1.15 billion on CURRENT repairs

[Silverlord]

Originally Posted by TheEnd187

A price cut wouldn'tbe good for the stockholders or M$, although thay have almost unlimited capital, they are still losing 1.05-1.15 billion on CURRENT repairs

Xbox 360 FTW. Thank goodness PS3 sucks lol or us xbox 360 owners would be worried

[lancec2c30]

all the better for me, I want a elite.

[killians45]

A price cut wouldn'tbe good for the stockholders or M$, although thay have almost unlimited capital, they are still losing 1.05-1.15 billion on CURRENT repairs
__________________

For one thing, a price cut is NEVER good when it comes to raw current profits, however a price cut now is timed right for a few reasons. R&D has gone down, and the production of the product has gotten cheap enough for them lower the prices with out a huge financial hit. They will take a hit, but it is more important to saturate the market with 360's and make the money in the long run from game purchases, that's how the market works. That's why it is conjecture that Sony is HURTING and that is why the price drop. The R&D has NOT had proper time to drop in cost for development, and have thus had to weigh the option of "take a larger hit and risk that the price drop will help push units, or leave the price the same and let the market sort it out." They didn't feel good about the market, so they instead initiated the price drop, with circumstances. The price points are the same still, however they added a little more and dropped the lowest SKU. More bang for the buck, if you will, but not a true price drop. So, it is a matter of Sony worry about tha market. Yes, they will say there is nothing wrong and this is all a part of the plan, but when analysists looked at the timing of the price drop in comparison to the amount it takes to make the PS3 today and compare that to previous months it doesn't add up. They're scared. This is the "oh ****" move, and no this is not a M$ gloat, really Wii has done a considerable amount of damage. Those Sony fans who where sane enough to realize the bottom price line was to high, yet couldn't go over to M$ or be thought a trader, went for the cheaper console. Then you have the parents who are not to savvy when it comes to consoles. They see THREE next gen consoles, here great things about the Wii, think about their pocket book and say "screw this, even I might like playing this!" There ya have it. So add the ever increasing base of the Wii, the slowly to moderately increasing XBox360 base, and the fast (because its a new realease) but dismally sales disappointing in the long run sales of the Sony and you have a scared *** company who is trying to do anything to get into the market. Afraid? Oh, I'm willing to be money on that.