Microsoft Xbox 360 price cut underway?

Posted on Wednesday, Jun 18 2008 @ 05:25 CEST by Thomas De Maesschalck
Word is going around that Microsoft will cut the price of the Xbox 360 console at the E3 this year:
EEDAR analyst Jesse Divnich, in a note to investors following the release of NPD sales data for May, has stated his belief that Microsoft will cut the price of the Xbox 360 in the US at E3 this year.

"With E3 around the corner, we can expect Microsoft to make some type of announcement regarding a hardware price cut, the introductory of a new hardware SKU with new features, or both," he said.

And he added that if a price cut did happen he would expect Sony to follow suit within a two-month window.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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