Xbox 360 sales double after price drop, says Microsoft
- September 11, 2008 07:22 AM PST
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Microsoft on Thursday was quick to remind cohorts that price drops work, days after the company slashed the price of the Xbox 360 for a second time last Friday.
I double up after lowering my prices (get it while it's hot)
According to Microsoft, retailers saw a 100 percent surge in Xbox 360 sales last weekend compared to the previous one. Starting last Friday, Xbox 360 prices were cut $50-80 depending on the model.
"At $199, Xbox 360 is now not only the most affordable next-generation console available, but it also packs more entertainment punch per dollar than any other consumer electronics device connected to your TV," Microsoft said in a statement.
The boost couldn't have come at a better time for Microsoft. In the first half of the year, monthly sales of PlayStation 3 have overtaken Xbox 360 for second place in the console war, which has been largely dominated by Nintendo Wii since its release in 2006.
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- Sep 11 2008 at 07:33:06:AM PST
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I will get a second one W00t. now seriously this is great news for MS and me. This will definitely put pressure on Sony to make another pricecut on their system.
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This is to be expected witg a price cut. But the $199 is the sweet spot for consoles and its going to sell this holiday season...especially if they bundle it with games..Sony and Nintendo said they have no plans for a proice cut, however you know this will change if the sales continue this way for the Xbox360. Competition is great for us all
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Yeah, and sony keeps hurting themselves how many more versions are they gonna come out with, I mean there has been more then one 80 gb ps3 system on the market, and the wii, well can't find one if your life depended on it, no matter I own all three systems, and two xbox 360's one pro and one elite.. Does anyone know if anyone is accepting the hd drive as a trade in credit anymore?
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Goofball1 wrote:
This is to be expected witg a price cut. But the $199 is the sweet spot for consoles and its going to sell this holiday season...especially if they bundle it with games..Sony and Nintendo said they have no plans for a proice cut, however you know this will change if the sales continue this way for the Xbox360. Competition is great for us all
Congrats Microsoft! I am very curious to see how holiday sales will do, I think Microsoft can really move some units at this price. What games do you think would be good to bundle with? Now I hope they drop the price of the wireless adapter!
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Man, I nailed that one. . . I knew it. Throughout gaming history $199 is the sweet spot for all consoles and usually you will get a double in sales for about 4 months then it will level off to just under that number for the long haul.
This is great news for anyone who hasn't been able to afford a next gen. console. . Now that there are games in the bargain bin, they can get the console and a few choice games right from the start.
This is good for gaming, . . this holiday season will now be owned by the 360.
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