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Darc Requiem said:
Well I honestly, I believe they reduced their projection because they are trying to clear out inventory. I'm expecting a significant price drop this year for the 360. Probably around the time they switch to the 65nm chipset. Thats the wildcard as far as all console sales go this year IMO. The 360 price drop. Its going to happen, its just a matter of when. When it does occur there will be a domino effect of some sort.

They will probably want to get shot of the Core Systems as most people want the hard drive, and if they reduce the Pro (Premium) System by a significant amount i.e. $100 to say $299, then this would pose a serious problem for the PS3.  At most I can see only a $100-$150 reduction by Sony of the PS3 by the end of the year, which would bring the price down to $450-$500 which although would be good news for people wanting a PS3 but would still be nearly double what the 360 could be.

We will see who reduces their costs first. 



Prediction (June 12th 2017)

Permanent pricedrop for both PS4 Slim and PS4 Pro in October.

PS4 Slim $249 (October 2017)

PS4 Pro $349 (October 2017)