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Another Xbox 360 Price Drop rumor…

by JW

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It was only last week that we were reporting the rumors of a price drop slated for August 1st, and now it seems like we may very well be seeing another price drop, slated for August 8th.

Several websites, including Xbox-Scene, and The Hollywood Reporter are now reporting that, according to an insider at Microsoft, there will be a $50 price drop on the Xbox 360 on August 8th.

While I have yet to receive a reply from Microsoft regarding the matter, it’s hard to comprehend that they’ll acknowledge what can, at best, be described as a rumor. But we also have to keep in mind that these rumors have persisted for months, gaining new steam on the heels of the Sony “price-cut” that sent their sales up 135%.

The timing also bodes well for Microsoft as a whole. A price-cut in the early part of August will, I believe, swing some of the momentum towards Microsoft. When you account for the fact that games such as BioShock, Madden NFL 08 and the Xbox 360 exclusive (SCORE!) Halo 3 are all on the horizon, this could give Microsoft a hell of a push going into the Holiday season.

[Xbox-Scene]
[The Hollywood Reporter]

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Posted in Hardware, Mill o' Rumour on July 25th, 2007

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