Dolla Dolla said:
albionus said:
I don't think the market for a $500 video game system is all that much bigger than the market for a $600 video game system. It should increase sales I would think but not enough to really make a difference.
The bigger question is whether MS reacts. I have no clue what they will do but seeing as they're paying $1.15 billion to fix all the broken 360's out there it's going to be hard to lower the price unless they are simply giving up all hope of ever making a profit on the xbox venture. |
Before people continue to misquote, the 1 billion to 1.15 billion dollar loss is an estimate. It doesn't mean that when they announced an extended warranty that they suddenly lost 1 billion dollars. That's what they expect their losses to be. It's possible it won't cost them that much, or could even cost them more. Just wanted to point that out. |
Not the same as paying for the repairs admittedly (though it could be, not sure how exactly they are going about this) but not the same as simply estimating either since they are in some way shape or form losing the money this year. I should have said the $1.15 billion write off to fix broken 360's shows they are not in as good a position to cut the price as they would like to be.
