Moore: 'Sony Gave us a Price Cut'

You will have doubtless seen escalating gossip in recent weeks that foretells a major drop in the price of Xbox 360 hardware, with the most oft touted reduction being $100 in the US and €100 in the EU.

Speaking exclusively to SPOnG, Microsoft's Peter Moore outlined the thinking in Redmond at this time. When asked how much the Xbox 360 will be this Christmas, Moore explained, "We're all feeling pretty comfortable with where we're at right now. I'm not sure why we'd change it. Sony gave us a price drop at E3. Obviously we don't talk about pricing [openly] and stuff happens but we have no plans to cut the price right now."

Moore continued, "I think that our volume feels good, our corporate speed feels good, the content feels great, Xbox Live is just on fire, so were very happy with things as they stand."

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news.spong.com
Nodoze6605d ago

While I agree with the pricing model, Moore better streamline the content release on Live! There has not been a single siginificant release on Live since E3. In fact one of the demos (Chromehounds) is still MIA even though it was released to MS the week of E3!? Additionally they better start posting content to arcade soon. Frogger, Galaga, and Pac-Man have been available to the media for almost a month now....with no sign of release any time soon!! Street Fighter is still MIA as well!?

Schmitty076605d ago

Why give a price cut when the competition is $100-$300 dollars more expensive. (Factoring in Core 360-Premium PS3 for 300 more...etc.)

Silver3606605d ago

They are losing $125 for every premium package they sell. So like the PS3 wait a year for the costs to drop. I have mine so you can do whatever.

Droidbro6605d ago

But if they were planning on dropping $100 until Sony announced that the PS3 would be $600 they should still drop the price. This is MS, they of all people have the money. A $200 360 would destroy a $600 gaystation

tom15956605d ago

but they wouldnt make any money. sure, they dont NEED it... but they still want it. who doesnt!

+ Show (1) more replyLast reply 6605d ago
USMChardcharger6605d ago

yeah, i said this in a previous post. why cut the cost? it would not make sense. when ps3 drops cost, which i think would be awhile, then drop the cost of the 360.

dantesparda6605d ago (Edited 6605d ago )

While i agree that they dont need to give a price cut because of their competition. I cannot agree that not dropping the price is a good thing, and i payed $400 for mine ($420 with tax, LOL). Cuz while they 360 is a better deal bang for buck than a PS3 at $500-$600, is still too much for a game system. And i know that the technology in it aint cheap (a 3-core CPU with a close to R600 feature-wise comparable GPU), but still.

Guttersnype6605d ago

As it stands I don't see a reason for a price cut. It's already $100 less than the PS3. Plus from what I heard MS wants to make a profit this time around in their gaming divison. This would not be possible it they keep cutting the price of the system. They are already taking a loss, why take a larger loss if you don't have to?

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110°

Mortal Kombat 9 Is Still NetherRealm's Best Game 13 Years Later

Salman from Tech4Gamers writes "Mortal Kombat 9 revived the series from a low point after bringing it back to 2D combat. It marked a new high-point for the franchise due to its incredible roster, exciting cinematic story mode, and high-octane combat."

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tech4gamers.com
Sonyslave319h ago

I like which ever one, Raiden was speed blasting muthafkers.

monkey6023h ago

I agree. 9 was awesome

Shaolin Monks next please

vTuro242h ago

Shaolin Monks is a forgotten gem. I would love to see a new one, or a remake of the old.

vTuro242h ago

That game was actually goated. It was the first time ever that I actually tried to get good at a fighting game. Unfortunately the online connection was so dogshit it made it hard to enjoy and eventually I gave up. Haven't really played much fighting games since.

200°

Microsoft is discounting the Xbox 360 store up to 90% before it shuts down for good

Microsoft has slashed the prices of games across the Xbox 360 store in preparation for its July 29th closure.

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videogamer.com
Tacoboto5h ago(Edited 5h ago)

The Dishwasher
Vigilante 8

Two non-BC and no-PC-version Arcade titles I downloaded recently. Dishwasher's sequel is on Steam at least.

I've also downloaded Ninety-Nine Nights II (shame the first wasn't available). I still want to download Burnout 3: Takedown before the weekend's up, though that is still the full $9.99 non-discounted price

franwex2h ago

Burnout 3 not available in modern times is a crime to humanity.

I know it’s probably due to the music licensing-though they can simply add other music as Burnout 3’s biggest flaw to me personally-is the music!!!

280°

Xbox gamers warned they've 72 hours before a ton of classic games are gone forever

The Xbox 360 Marketplace is officially shutting down in three days, which means dozens of exclusive, digital-only 360 games will no longer be available to purchase anywhere else once it does.

The Xbox 360 will be almost 20 years old next year, and to celebrate this milestone Microsoft have decided to obliterate all of its online functionality.

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gamingbible.com
shadowT11h ago

Phil Spencer: "Game preservation is critical to us at Team Xbox."

9h agoReplies(7)
darthv727h ago(Edited 7h ago)

Technically, the games ARE preserved... they are just removing the ability to purchase new games through the 360. They have to keep a full backup of every title (even delisted ones) because they will have to offer the ability to redownload purchased content to users.

I had deleted some games a few years back that had become delisted. I was able to get them back by going through my download history. The games in question were TMNT (classic and re-shelled), afterburner climax and outrun online. Im glad I was able to get those back as they are some of the best on the service.

Lightning776h ago

Well The Ultimate Alliance games have been delisted. I dunno how many old Activision games have been Delisted but MS needs to remake or remaster old Activision games and release them on Xbox and PS. I. Hope that's what they're doing right now.

They can't reserve everything but they 100% can reserve what they got or own.

Vits8h ago

Fortunately, the X360 was jailbroken a long time ago, so a good part of its library is available for download from 'alternative' sources. Still, it's a bummer to see the store going away.

Inverno6h ago(Edited 6h ago)

Dawn of The First Day
-72 Hours Remain-

Also they can keep the store up for life if they wanted.

hiawa235h ago(Edited 5h ago)

Series X for the back compat titles, and OG Xbox and X360 for those not on BC. I pretty much bought all of the digital games I want for the 360 so I am good.

anast3h ago

They are holding games hostage so people spend more money. This is some sleazy stuff.

Reaper22_2h ago

No, not telling you would be sleazy. I have a few more games to buy then I'm good. 360 was and still is a great console. Xbox is the best place to play!

anast1h ago

I'm not sure we are on the same page.

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