News

Xbox to drop $50 by next month?

Posted on Thursday, 26 July 2007 by Speed, source: Hollywood Reporter
The Hollywood Reporter, along with various other sources on the web, is reporting about a rumour that's floating around that Microsoft plans to cut the price of their Xbox360 with about $50

The reduction will be made Aug. 8, according to one source in the retail world, noting that the cut will come during what traditionally has been one of the slower times of the year for game hardware sales.
...
As for the Aug. 8 date, there is significance to the timing. Not only will Electronic Arts' "Madden NFL 08" be reaching stores shelves just a few days after the drop, but Microsoft also has several other highly touted games, including "BioShock" by publisher Irrational Games and "John Woo Presents Stranglehold" from Tiger Hill Entertainment, coming for the Xbox 360 in August

Guess we'll know soon enuogh, Microsoft decided to give their usual "we do not comment on rumours" when asked about the price cut
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