Xbox 360 price cut expected before E3?

Andre Yoskowitz
14 Jun 2008 18:13

Jesse Divnich, an expert analyst from the firm EEDAR, has said that a Microsoft Xbox 360 price cut, or maybe a model introduction, will happen before or at the E3 event next month.
Without citing any specific sources, Divnich says he is "very confident" a price cut is coming, or perhaps the introduction of a new version. Blu-ray model anyone?
It is unclear how drastic the price cut will be, if it comes, especially as Microsoft currently sells its Arcade version for $280 and Elite model at $450, both priced to compete with rivals Nintendo Wii and Sony PlayStation 3 which sell for $250 and $400 (for cheapest model) respectively.
Divnich continued on by saying that the newly released blockbuster Metal Gear Solid 4 should be a catalyst for PS3 sales due to its exclusive nature and he expects a high attach rate.
We will keep you updated.

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