I believe the PS3 and 360 didn't receive pricecuts for the same reasons.

[Krill]

Million said:

Krill said:
How about you compare the launch price of the 360 pro with the current price of the 360 pro. If you want to consider the cost of the 360 without a hard-drive, the core cost £199 at launch and the arcade will be £130 after the price cut, so a £70 cut in 3 years. Doesn't sound too desperate does it?

 

I'm comparing the cheapest a console could have been obtained at retail at launch compared to now , a low price point is usualy essential for mass market penatration.

 

Err, no you aren't.  The 360 core launched for either £209 or £199 (can't remember).  You're comparing figures that suit your biased argument.