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