Xbox 360 Price-Cut Tomorrow?
Mar 9 2008, 8:00am CDT | by Luigi Lugmayr
The Financial Times Germany (German) published a story saying that Microsoft will cut the price for the Xbox 360 on Monday across Europe.
Update:
Xbox 360 Price-cut Official
The Xbox 360 Arcade is supposed to sell for only 199 Euro instead of 280 Euro. A 199 Euro Xbox 360 would be 50 Euro cheaper than a Nintendo Wii.
The Xbox 360 Pro would also see a price-cut to 299 Euro (349 Euro now).
If Microsoft is indeed cutting the Xbox 360 prices in Europe on Monday, I would not see a reason why they would not do the same in the United States. The Xbox 360 Arcade sells currently for $280. A price cut to $199 would have for sure a greater sales effect in the U.S., as Nintendo is still not able to keep the Wii in stock at major retailers to give consumers a chance to buy it at the MSRP of $249. Instead the prices for a Wii console are still close to $400. An Xbox 360 Arcade would just be half that price after the rumored price-cut.
Microsoft could win some time with the price-cut to prepare for a new generation of Xbox 360 consoles with integrated Blu-ray drives. Microsoft is supposed to be in talks with Sony about licensing Blu-ray for the Xbox 360.
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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.
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