Microsoft has confirmed what has been heavily rumored recently. All three versions of the Xbox 360 console will see a price cut as of September 5 in the US. The Xbox 360 Arcade will now clock in at $199, formerly priced at $279, after an $80 drop. The standard 60 GB hard drive model will cost $299, a drop of $50. The Elite, which comes with a 120 GB hard drive, will set you back $399. Previously it was priced at $449.
This move comes after months of stagnating hardware sales for Xbox 360. According to NPD, the Xbox 360 was outsold by the Wii in the month of August by over 400,000 units. It was also outsold by the PS3 in that month, though by a slimmer margin. The sales of 360 have failed to pick up in 2008, despite high profile releases such as Grand Theft Auto IV and price shuffles that occurred near E3. This move makes the Xbox 360 Arcade SKU the least expensive home console on the market.
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they may not be saying it straight forward but there hurting from the Wii and PS3.
This move comes after months of stagnating hardware sales for Xbox 360. According to NPD, the Xbox 360 was outsold by the Wii in the month of August by over 400,000 units. It was also outsold by the PS3 in that month, though by a slimmer margin. The sales of 360 have failed to pick up in 2008, despite high profile releases such as Grand Theft Auto IV and price shuffles that occurred near E3. This move makes the Xbox 360 Arcade SKU the least expensive home console on the market.
link
they may not be saying it straight forward but there hurting from the Wii and PS3.
