Microsoft Corp said on Tuesday it will hold firm on pricing for its Xbox 360 game console, defying widespread expectations that it would respond to a price cut by rival Sony Corp for the PlayStation 3.
of course they wont cut the price. they need to reach profitability and cutting the price means stock holders fleeing.
And they are selling more games than the Wii and the Ps3 combined. Sony had to cut the price due to very poor sales....MS is going strong and steady. Like they stated...It has nothing to do with making a profit. It has everything to do with being the market leader with the prices they have already in place. I'm sure by Christmas they will have some specials and possibly a price cut. It would make sense and it would mark the 2 year anniversary....
I just think it shows supreme confidence by not reacting to Sony's desperate act....And while yes it has given sony a burst with its initial announcment of the price drop...But will it continue? I guess we will see in a month or two.
With all the MUST HAVE games releasing this year for the 360...a price drop is not needed to continue to lead the market. The exclusive games will continue to sell consoles. Halo 3, Blue Dragon, Mass Effect, Bio Shock, and GTA 4 with its exclusive episodes.... People got to have those games folks....and the hype from the reviews and word of mouth will continue to give the 360 the edge.
I also think releasing all the 20 gig 360's with hdmi port was a smart move later this year. The Halo 3 special edition looks sweet too....WOW
"In the United States, Microsoft has sold about 5.8 million consoles, compared to 2.8 million for Nintendo Co. Ltd.'s (7974.OS) Wii and 1.4 million for the PS3, according to data from NPD."
Xbox 360 Elite $479 | Playstation 3 $499
HDDVD Add-On $199 | built-in
Wi-Fi Adapter $99 | built-in
Xbox Live $50/year | Free
TOTAL: $830 | $500
Total Savings for PS3 owners $330
Conclusion: PS3 is not over-priced people just do not know what it is capable of.
What if I don't want a HD-DVD or Blu-ray? I don't want one, and I don't need one. I have the option of NOT getting one with Xbox 360. With PS3, I don't have that option.
What if I don't want a Wi-fi? It's a gaming console, and I'm the only one who's using it in the house to only play game. I have the option of NOT getting one with Xbox 360. With PS3, I don't have that option.
What if I don't want the extra online service? I have the option of NOT paying for the service with Xbox 360. With PS3, the service is included in the price. I have to pay for it whether I want it or not.
Customers want OPTIONS. Customers want to be able to OPT OUT of certain features and services -- that means they do NOT want to pay for features and services they do NOT want. With Xbox 360, if I don't want certain features, then I just don't pay for it. With PS3, all those Blu-ray and wi-fi are forced upon me, whether I want it or not, and they actually cost me.
I already have my 360. I could care less if they drop the price.
Sony fanboys will say the MS press conference was poor and 360 Gamers believe it was Great.
Sony fans don't mind sony talking about all the games coming 2 years from now.
360 gamers are known for buying Mass amounts of games...and WE want games NOW. MS is smart enough to show all the AAA games coming this year. All within 6 months. Big titles. Mind blowing titles. Halo 3, Mass Effect, Bio Shock, GTA 4, Assasins Creed, Blue Dragon, Too Human, PGR4, Lost Odyssey,Eternal Sonata, ect....
Its amazing...Its all this year....3rd party devs love the 360 and the mass amounts of money it brings in. Disney now releasing ALL of its movies in HD for download....And Devil May cry, Resident Evil...and so on..
So while yes its expected that Sony Only fans will bash anything MS does. Real gamers, 360 gamers, are excited about the rest of this year and beyond.
Oh, and the Games for windows live are exciting since most will be playable vs 360 gamers. That is what its all about. Games, Games, Games....WOW...
Did we really expect sony fanboys to say "wow that was a great conference"...."All the AAA games coming out for the 360 is exciting"...lol...of course not.
MS could have announced Killzone, Final Fantasy, and MGS....and Sony fans would still have something negative to say. Its sad but true.
P.S. Ms now having the 3 year warranty is amazing if you think about it. It makes you feel more comfortable with your purchase for sure. I have 6 xbox premiums and 1 Elite and haven't had any of them go bad thus far. And I get a lot of use out of them. I have lan parties every weekend. 3 year warranty makes me feel good about my purchases and it shows good faith on MS's part. Kudo's for sure.
MS failed to discuss much at this conference. Nothing about the huge warranty plan, no portable device, no price cut...
They just showed us the games we knew about.
That being said I didnt actually expect the price cut until after Halo since that will probably sell a few systems and would mark the end of the first big game rush IMHO.
For the second big game rush leading into GTA which is cross platform they may want to consider lowering their prices so that people trying to decide which system to get that game for go for a cheaper one... if they decide today then its a toss up between consoles since they are effectivly the same price now. But if MS and retailers have say $100 off a 360 with the purchase of GTA then that could sell some consoles.
They will...They won't...They will...They won't. My head is spinning. I would love to see a price drop but I don't think it's going to happen this year.
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