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Xbox 360 Price Drop Rumours Denied

Storm | June 09, 2007 | News | XBOX 360 
Well...Microsoft sure were quick to reply to these rumours. It's a shame that they won't drop the price anytime soon, as it could bring up the sales, though they are doing well at the current price.
We’ve seen the coverage from Bloomberg reporting a price drop by this holiday, and since I haven’t heard anything about a price drop, I thought I’d go right to the source. I asked David Hufford to clarify, and he sent me an email, and told me I could share it.

David writes (my emphasis and links):

“Some are getting really spun up about the Bloomberg story and inaccurately reading tea leaves that don’t exist. I spoke to Bloomberg nearly two months ago and we were talking about NPD data that had just been released, and chatting generally about price points of consoles in the market. The comment, which is accurately reported, unfortunately has now been taken way out of context and being reported as if I am signaling a price drop. I was not, I am not.

With Xbox 360s selling well at their current price point, Elites selling out at $479, and an insanely great portfolio of games in the market, there’s no reason to announce any kind of price drop anytime soon.

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  • 0 thumbs!
    Dragon | June 10, 2007
    That's a shame. But I guess they'll still get more money out of it.
  • 0 thumbs!
    Infinite | June 10, 2007
    That sucks for people who were looking forward to a price drop. But since the XBOX 360 is doing so well I really didn't expect Microsoft to do a price cut.
  • -1 thumbs!
    Tribulation | June 10, 2007
    Still waiting for the inevitable volacide "lol MS sux" comment...
  • 0 thumbs!
    chubbie huicho | June 10, 2007
    I didn't think they would drop the price but I already have a xbox 360 so
  • 0 thumbs!
    Gary15 | June 10, 2007
    I don't think they have a need to currently anyway, the wii really aims for a different sort of customer and the PS3 is still more expnesive, maybe if the ps3 prices were cut then microsoft would follow.
  • 0 thumbs!
    EmoMyFat | June 10, 2007
    Awww man, guess ill have to either wait a while ( until Halo 3 ) or just buy at the price now.....
  • 0 thumbs!
    Jeterocks | June 10, 2007
    dhur...why would they reduce the price when it is all ready selling good...Also with Halo 3 coming, they know that there is a good chance that the sales will go up for all the little nubs who don't have a 360 yet but still play halo 2 like it is their job.
  • 0 thumbs!
    gotenks992 | June 10, 2007
    Sucks they won't drop the price but still I'll probably eventually get it. When I feel like it.
  • 0 thumbs!
    Rinkydink | June 11, 2007
    To be honest the PS3 is in more need of a price cut than the 360, but a price cut would have been nice nevertheless. Maybe it will happen at Christmas? Maybe then I will consider getting one myself.

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