Microsoft Corp. has revealed it has no immediate plans to lower the price of its Xbox 360 console. This comes after rumors that Microsoft would drop the price on the 360 by at least $100 to challenge prices of Sony's PlayStation 3 console, which launches in November.
He also went on to dismiss any rumours of an up and coming handheld Xbox console. "We’ve got quite a lot going on," he said. "It’s a hugely significant time for us and for gaming in general. We don’t have any plans to do anything in the handheld space."
Source:
Club Skill











