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All Signs Point To Xbox 360 Price Drop

Leaks are coming at the rate of several a day that an Xbox 360 price drop is imminent, sometime in the next ten days. A Circuit City ad shows that you should be able to get an Xbox 360 Premium, the most common version of the system, for $350, fifty bucks less than now, starting August 12. A Core system, without a hard drive, will go for $280, a drop of $20, and the big hard drive’d Elite will drop thirty to $450. The Premium comes with a free copy of Rockstar’s Table Tennis (which rocks).

Other reports have Wal-Mart selling the Premium at $350 the week of August 10, a Hollywood Reporter article that says there will be a $50 cut in August, and a Toys R Us ad that shows a $350 Xbox 360 the week of August 13. Also, a strange leak shows Best Buy stopping to stock the 360 Core, which is strange given the new low price (though it could indicate the model is being discontinued once stock runs out).

Gamestop sent out a letter to stores indicating they would be receiving important signs from Microsoft next week on August 8, and not to display the signs early if they get them. Sounds like an exciting week ahead, and hopefully a nice boost for Microsoft. If word that the Premium is getting an HDMI port soon is true, it could be nice to have my 360 break on me in a month or two.

Will the price cut be enough? Certainly, if Sony lets $500 PS3 stock run out as all indications are saying, a $280 with no drive and a $450 with a 120-gig drive looks like a bargain compared with a $600 with an 80-gig drive (unless you must have Blu-Ray, which no one does). Now, if Sony replenishes the $500 model with the 80-gigger once the 60 runs out, it’s in better shape, but without a decent games library, Microsoft still has a good position.

This ain’t over by a longshot. This could be a real close and long console war. That, or Sony never reaches high enough levels, and the reign of PlayStation is over.

August 3rd, 2007 Posted by | Sony, Xbox, Xbox 360 | no comments

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