Microsoft Pricing
Xbox 360 Reduces Prices on Console
Microsoft have announced that they will cutting the price of the next-gen console, XBOX 360. TechRadar was the first to confirm that the Xbox 360 will be dropping its prices. This announcement that Microsoft have decided to cut back on prices is a complete shock to retailers and consumers alike as no one expected Microsoft to make such a bold move. The initial leak apparently came from a member of staff working at Woolworths, UK.
VG 24/7 reports that they were told by a reliable source this morning that the announcement was jumped forward thanks to last week’s Woolworth’s leak. The price-drop is “an aggressive but not unexpected move by Microsoft” says Richard Burghy from UK.
This radical decision to drop the price of the xbox primarily concerns the standard 60GB Xbox 360 which is now retailing at £169.99. Cheaper than a Nintendo Wii! The decision is driven from the fact that the xbox is the longest serving next generateon console and as they make so many it basically makes them cheaper to manufacture.
On the other hand, the PS3 has no such plans of reducing the price of their console. However, they are worried about the move from Microsoft as the high price for PS3 has usually put off consumers.
I cant actually believe that Microsoft would do this but I am so happy that they have! I think the xbox is a great console with great games! I remember when the console first came out, it shocked everyone and it still holds its own against the ps3 and the nintendo wii! Bring the price down even more I say!
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