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More Sources Confirm August 8th Price Drop - 50usd?
>> The news we broke yesterday about an Xbox 360 price drop on August 8th seems to have woken up some other sources in the industry. From hollywoodreporter.com: [QUOTE] In an effort to regain momentum in the video game console market, Microsoft Corp. will cut the price of the Xbox 360 by $50 early next month, sources said. The reduction will be made Aug. 8, according to one source in the retail world.
Still unclear is whether the cut will be made to all three versions of the Xbox 360 on the market. The Core model, which accounts for about 20% of Xbox 360 sales, retails for $299; the best-selling Pro model sells for $399, and the Elite model is about $479.
As for the Aug. 8 date, there is significance to the timing. Not only will Electronic Arts' "Madden NFL 08" be reaching stores shelves just a few days after the drop, but Microsoft also has several other highly touted games, including "BioShock" by publisher Irrational Games and "John Woo Presents Stranglehold" from Tiger Hill Entertainment, coming for the Xbox 360 in August. [/QUOTE]
Full Story: hollywoodreporter.com
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