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Will Microsoft drop Xbox 360 price in US?
>> From gamesindustry.biz:
[QUOTE]
With the recently-announced Xbox 360 price cuts in Europe, a US price drop may not be far behind according to some analysts.
"Due to the amount of software available and the performance of Xbox Live, I think that the 360 will hold its own until the holidays, then I think that PS3 sales will pick up dramatically - because of Blu-ray and sales of HD monitors." Wedbush Morgan Securities analyst Michael Pachter told GamesIndustry.biz.
"So I expect a 360 price cut before Xmas, perhaps to USD 299 for the premium model. If Sony cuts the price before then, I expect Microsoft to cut to at least USD 50 below the price of the PS3."
"We believe price cuts are also likely in North America on the Xbox 360, possibly combined with the long anticipated announcement of a new hardware sku with a larger hard drive," Colin Sebastian, an analyst with Lazard Capital Markets, told GamesIndustry.biz.
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Full Story: gamesindustry.biz
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