How much/when will Microsoft drop the price of the 360?

[misterd]

ultimate123 said:

Lord N said:

I would be surprised if MS drops the price at all before Christmas. They waited two years to drop it by a lousy $50, so I don't see why they'd do it again so soon.

A $100 price cut would have been effective right before the PS3 and Wii launched, and they should have done another to $250 right before last holiday season.

As it stands right now, the 360 already has a 7 million lead over the PS3. A price cut probably wouldn't increase it by more than 1million, and MS would still have the Wii to worry about. That being said, such a cut wouldn't hurt Sony all that much, wouldn't improve their standing in the market as they'd still be a distant second behind the Wii, and would insure that MS is stil sitting on billions of dollars of red ink at the end of the generation as the hardware would be sold at a loss. Not to mention, it would look like desperation/uncertainty.

And PS3's $200 wasnt desperate, eh?

While it was desperate, it was really only a $100 drop - $500 -> $400 for the low end model, $600 -> $500 for the high end.