Microsoft Drops Xbox 360 Arcade Price to $199

Woo Hoo, it finally happened! The Xbox 360 has finally fallen below the $200 mark. According to CNET news:
One of the the biggest selling points of Nintendo's Wii video game console since its launch nearly two years ago has been that it was the lowest-priced of the trio of next-generation machines that also includes Microsoft's Xbox 360 and Sony's PlayStation 3.
To date, the Wii costs $249, while the lowest-priced Xbox, the so-called "Arcade," retails currently for $279. An 80GB PS3 sells for $400.
But Microsoft said Wednesday that it will drop the price of the Arcade on Friday to $199, breaking through what some have said is the all-important psychological price level of $200. At that price, industry observers say, the market opens up to mass levels of consumers.
Microsoft will also drop the price of its 60 GB Xbox to $299
We bet you just bought an Xbox 360 last week? Oh well, they're getting so cheap you can buy one for the bedroom now.
At CNET.com
Read More in: Game Consoles
Related Articles:
Came straight to this page? Visit Networking Audio Video for all the latest news.
Want to share this post with others? digg this and add to del.icio.us.
Posted by William Hungerford at September 3, 2008 6:35 PM
Microsoft Japan is already actually paying people to take the machines, with little success. "We hope more people will be able to enjoy Xbox 360," said marketing marketer Takashi Sensui, "and we can stop enjoying quite so many of them. We also have this fine pile of HD-DVD drives ... Wait! Come back!" http://notnews.today.com/?p=63