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starcraft said:
It's funny that fanboys who declared that MS HAD to drop the price now say it happened to early.

Furthermore, it's hilarious that people see a 40% boost in sales as being "utter failure."

More than anything I'm in hysterics that people that emphatically declared that the Arcade was a dud console that noone should buy now use it as a justification to claim that the 360 is cheaper than the Wii...............

It was 40% only for the first week. The weekly numbers are only going to drop from here, as all price cuts have an immediate spike, then a drop off.

The question is how much will it drop off. A 40% boost wasn't enough to put it past the ps3, and it could very well drop back to pre-price cut levels over the next few weeks given how small the initial boost was.

If THAT happens, then it is most certainly a failure.

You have to remember, when the ps3 had it's initial price cut in July (60gb to $499 USD) sales spiked something like 178%.  After that sales plummeted until the release of the 40gb.