1. Can Microsoft afford to cut the price of the 360 at E3, everyone thought this at first, but with the news of the $1 billion + costs for repairs and extended warranties, surely this will cause a huge impact. Also, they probably have reduced production costs to the point where they are making a profit on each sale, but by reducing the cost by $100 will eat into that profit if not distinguish it totally.
2. In my honest opinion, Microsoft need to reduce the cost of the 360. Their sales have slowed down considerably and a $100 pricecut would help boost much needed sales before the Wii takes over completely.
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)
