TeamXbox writes: "When Microsoft officially announced the latest Xbox 360 price cuts for the United States, the company highlighted that "history shows that more than 75 percent of all console sales happen after the price falls below the $200 mark." As soon as you read that, you ask yourself, "then why didn't you lower the price of the console before, stupid!?!?"
As much as Wii detractors insist that Nintendo's console is the best-selling home system because of its low price, rest assured its $250 list price played a key role in the Wii's hardware sales success.
Soon after this month's price cut for the United States, which was also announced for Japan and Europe, Xbox 360 sales surged over 100 percent. A bunch of American retailers even reported that certain Xbox 360 editions were selling at six times the rate they were the weekend before September 5, the day the price cut was effective in the U.S."