Cutting Prices & Taking Names
Enjoy Reading!
If you liked this story please show your support by subscribing to the What's Leet? RSS Feed.
Microsoft has taken further steps towards injecting some life into the Xbox 360 console’s floundering sales this week, officially announcing yet another long-rumored price cut to the entertainment system. Scheduled to come into effect September 5, 2008, the price drop will set prices as follows in all major retail vendors:
- Xbox 360 Elite – $399.99 USD ( Formerly $499.99 )
- Xbox 360 Standard – $299.99 USD ( Formerly $349.99 )
- Xbox 360 Arcade – $199.99 USD ( Formerly $279.99 )
The price drop comes as little surprise given the continuing success of the Nintendo Wii- attributed to its casual gamer-friendly price point -and the recent thriving of Sony’s Playstation 3 system. The timing is no doubt strategic, given the upcoming release schedule of such high profile games as Fallout 3, Far Cry 2, and Gears of War 2 on the Xbox 360 console. However, we cannot help but wonder why Microsoft did incorporate this price reduction with a similar price cut made by the company only a few months prior.
Thanks For Reading!
If you liked this story, please subscribe to the up-to-the-minute What's Leet? RSS Feed.
