Rumor Microsoft To Announce $149 Slim At E3

[Shawnzee]

Mr Puggsly said:

twesterm said:

Why would they drop the price?

1. They're the cheapest console already, they don't need to be cheaper-er.
2. They're gearing up for a huge launch (Natal), there's no need to drop the price.

I really don't see this happening.

Well its been years since the 360 saw a real price drop and its now the poorest selling console every week.

Droping the price further will boost console sales. That would also help the sales of the Natal, software, and Xbox Live Gold subscriptions. They have more to gain from a $50 price cut than they would lose.

Exactly, Since Ps3 slim came out the 360 has totally lost steam in europe, and to some extent the US too.  A price drop with Natal, A redesign, Halo would boost sales tremendously.