PS3 Price Slashed Today, Xbox 360 Tomorrow?
Submitted by Midnight on Mon, 07/09/2007 - 1:20pm.
The PS3 has a new price effective today: $499 for the 60GB model. A new 80GB model is set for release in August that will come bundled with MotorStorm for the beloved price of $599. With that cat out of the bag, is a price cut on Xbox 360 imminent?
An analyst for Wedbush Morgan Securities thinks so, and issued a note to investors today that said Microsoft will announce an Xbox 360 price cut tomorrow at the start of the revamped E3 Media & Business Summit, which takes place all week.
Is it true? Next-gen.boz contacted Microsoft for comment who replied "Microsoft has not made any announcements regarding a price cut on Xbox 360." No-fluffy-joke. That's not what they said. They said you'll announce it tomorrow.
The analyst went on to state that the $299 Core pack will drop to $249; the $399 Premium pack will drop to $349; and the recently released $479 Elite model will drop to $399.
Is the prediction true? Only time will tell. Would a new lower price entice those of you who have been holding out? What about those thinking about an Elite upgrade?
I am leaning towards the Elite system. I've been holding out for H3. Chances are, I'll buy a 360, elite or otherwise, sometime in Sept. If the price drops before then, well that'll just be fan-fluffy-tastic, won't it?! ;)
If not, it isn't a huge deal. If it stays the same, I might opt for the "military special" on base.
As for the PS3, I think this is too little too late for Sony. A price drop really isn't that enticing when it is still higher than the system that's already blowing your product out of the water.
I'm in the process of negotiating with Microsoft over my BBB case. If all goes how I want it to, or how I think it should go, I will have my current 360 replaced by an Elite 360 console. It's a long shot, though.
I don't have any use for HDMI and I'm managing fine with a 20GB HDD, so I have no reason to upgrade to an Elite.
I thought you were one of the minority here who is NOT managing fine with a 20GB HD.
It gets easier when you reconcile with yourself that you don't need to keep every demo on XBL.
I'm guessing that we'll see a new 360 SKU by the end of the year. Surely MS will announce something at E3 this week.
Here's hoping for a 200GB version with the power brick INSIDE the console.
There's already pictures out from MS's E3 rehearsal showing a gray 360.
???
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