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Did Microsoft really say last year that cutting the price mid-year means you're desperate?

Hmm. What does cutting the price mid-year mean if you are already cheaper than your main competition?

And I don't think this will cause a lasting effect. The 360 was selling less the the PS3 WW because of the console itself, not the pricing.

But a 2-3week boost might happen, but it will still be selling in last place WW.