I don't see a reason. XBox hasn't even got to the $150 or $99 price point yet.
They haven't done a price cut in two years now and they are still selling strong in NA and Europe. In fact with Kinect you could argue that MS actually raised their average selling price last year for their bundles. And with Gears 3, Forza 4, Halo Anniversary, Gunstringer, and Rise of Nightmares (its fun even though it rated badly) they got a pretty solid lineup for the core crowd at Xmas. They also have the casuals covered with Dance Central 2 and Kinect Sports Season 2. And they even have a target for the young family crowd with Sesasme Once Upon a Monster, Kinectimals with Bears, and Kinect Disneyland.
I don't see the problem with the console. Third parties are still supporting the console fully so why would they be looking to a new generation right now? Sony has only started to outsell 360 because of the price drop. Once 360 drops its price it will be even or ahead of PS3. They just don't see the reason to pull the trigger yet. Especially since XBox is still #1 for home consoles in North America.










