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Microsoft Cuts Xbox 360 Price to $349
AP via Excite ^ | Aug 7 2007 | JESSICA MINTZ

Posted on 08/07/2007 11:16:04 AM PDT by PAR35

SEATTLE (AP) - Microsoft Corp. (MSFT) (MSFT)'s Xbox 360 video game console will be $50 cheaper starting Wednesday, confirming fuzzy snapshots of leaked advertisements posted by bloggers in late July.

The company said its most popular console, which comes with a 20-gigabyte hard drive, will cost $349.

A basic console without a hard drive or wireless controllers will retail for $279, $20 less than its current price, while the Xbox 360 Elite, a black version with a 120-gigabyte hard drive and high-definition video support, will drop $50 to $449.

- snip -

Sony Corp. (SNE) slashed the price of its 60-gigabyte PlayStation 3 to $499, from $599, in early July. Nintendo Corp.'s Wii, the least expensive of the so-called next-generation consoles, costs $250.

(Excerpt) Read more at apnews.excite.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: m; microsoft; ms; xbox
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Perhaps if they licensed the Wii technology from Nintendo....
1 posted on 08/07/2007 11:16:06 AM PDT by PAR35
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To: PAR35

“Perhaps if they licensed the Wii technology from Nintendo....”

Nintendo is the true innovator here. They are being rewarded.


2 posted on 08/07/2007 11:17:49 AM PDT by brownsfan (America has "jumped the shark")
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To: PAR35

They can cut it to “free” and I’d still prefer to play on my PC.


3 posted on 08/07/2007 11:23:54 AM PDT by PeterFinn (Do not wish ill for your enemies, plan it.)
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To: PAR35

Don’t need it. Don’t want it.

They can give the X box away for all I care.


4 posted on 08/07/2007 11:24:48 AM PDT by fatnotlazy
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To: brownsfan
Nintendo is the true innovator here. They are being rewarded.

Costing aboout half as much out of the chute didn't hurt, either.

5 posted on 08/07/2007 11:26:20 AM PDT by PAR35
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To: PAR35

MS is in a serious bind w/ the 360. Their sales have ground to a halt (this price cut was desperately needed during the last holiday season—if not another $50 off the “premium” package) and they are going to find that Sony is going to slowly build momentum and, I think, surpass them (and not nearly as far down the road as many might think.) Nintendo, however, has become a force unto themselves and this gen, effectively, is over insofar as who will come out on top (I would add that I am a “hardcore” gamer and the Wii and DS are breaths of fresh air in a hobby that has, somehow, managed to become more insular despite its huge increase in size over the past decade.)


6 posted on 08/07/2007 11:26:34 AM PDT by ECM (Government is a make-work program for lawyers.)
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To: brownsfan

Truly.
But there ain’t no “Halo 3” for the Wii ;)

If I pick up the 360, “Halo 3” will be the only reason.


7 posted on 08/07/2007 11:38:11 AM PDT by SJSAMPLE
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To: ECM

The DS is THE hardware to have for the elementary school set.

Nintendo saw where the market was.


8 posted on 08/07/2007 11:41:15 AM PDT by PAR35
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To: fatnotlazy

I credit X-box, Sony Playstations, and WII’s for the fact that good looking, educated, twenty-something year old gals are going after guys in their mid-thirties who missed this whole fanaticism...

Good job Microsoft!

Although, I cheer this a bit reluctantly because...what does that say about America’s future?


9 posted on 08/07/2007 11:42:44 AM PDT by in hoc signo vinces ("Houston, TX...a waiting quagmire for jihadis.")
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To: brownsfan

Yes, so its $50 cheaper than it used to be, still $100 more than a Wii, likely to fail 1/3 of the time and offers nothing innovative at all...

XBOX $20 Billion burned and counting... MS stock holders should be demanding Gates head for continuing this failed business.. $20 BILLION in 7 years, its year head start in the marketplace will be whiped out by Sept by the Wii, and HALO is basically all its got to hang its hopes on... and it won’t be enough.

360 is a ~25 Million unit system... it won’t make the division profitable, and MS will lose even more money having to put out another system in a few years.

Nintendo is the only game company in existence today, its what they do and its ALL they do. They make money on every system sold, and have for ages... Some of the very early Gamecubes were sold at a SLIGHT loss, but they were making money on those shortly after release.....

They have pushed gaming experiences and concepts, and continue to do so. Targeted a broader market with an intuitive and fun system and completely changed the gaming experience. Sony and MS are still button mashing FPS land.... While Big N is delivering some of the first Virtual Reality type gaming in a home system.

Metroid Prime 3... T minus 20 Days.


10 posted on 08/07/2007 11:48:23 AM PDT by HamiltonJay
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To: ECM

Neither Sony nor Microsoft is going to be market leader with price-points like that, the average consumer just can’t afford it; Plus Nintendo has one Awesome machine in their Wii (I don’t have one’ they’re STILL sold out-other than “bundles” put together by retailers online costing $500).

That being said MS has a 1 year advantage (and going against your opionion-repectfully- MS X360 Machine has a slightly better quality graphically (I’ve seen comparisons on gamespot/IGN, ect). I don’t think Sony’s comming back-However Nintendo is the sure winner with Wii/DS combination!!


11 posted on 08/07/2007 11:49:08 AM PDT by JSDude1 (Republicans if the don't beware ARE the new WHIGS! (all empty hairpieces..) :).)
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To: SJSAMPLE
Nope, no HALO.. but 1 game does not a successful platform make... HALO 3 is 360's last hurrah... and it won't be enough... its a ~25 Million unit system tops.. another bust financially for MS.

Besides, I like my futuristic fighters, with a bit more curves!


12 posted on 08/07/2007 11:51:24 AM PDT by HamiltonJay
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To: PAR35

A radio station in my town is giving away x-boxes just for going on their website and taking a survey.


13 posted on 08/07/2007 11:51:42 AM PDT by CholeraJoe (WARNING: Dangerous to pregnant women and small children. May burst into flames at any time.)
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To: JSDude1

MS’s one year advantage has nearly evaporated... Will will have sold more units by Sept/October than MS has sold XBOXS with an entire years head start.

360 has better graphics than the Wii.. SONY has better graphics than either.... but the Wii is more fun than anything else out there. Not only that, but they actually make money when they sell a system.


14 posted on 08/07/2007 11:53:16 AM PDT by HamiltonJay
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To: PAR35
I'll wait until they match the Wii price.

Until then we're loving our Wii.


We would like to play

15 posted on 08/07/2007 11:55:45 AM PDT by Manic_Episode (Some mornings, it's just not worth chewing through the leather straps...)
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To: in hoc signo vinces

I call them Generation ‘X-Box’.


16 posted on 08/07/2007 11:56:02 AM PDT by Catholic Canadian ( I love Stephen Harper!)
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To: brownsfan
Nintendo is the true innovator here. They are being rewarded

Yes, but the games suck.
17 posted on 08/07/2007 11:56:44 AM PDT by aruanan
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To: Manic_Episode
I'll wait until they match the Wii price.

It still won't have the Wii features.

18 posted on 08/07/2007 11:59:22 AM PDT by PAR35
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To: aruanan

The games are masterpieces compared to the garbage Sony has hoisted on the public with the PS3.


19 posted on 08/07/2007 12:01:20 PM PDT by LanPB01
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To: in hoc signo vinces

I credit X-box, Sony Playstations, and WII’s for the fact that good looking, educated, twenty-something year old gals are going after guys in their mid-thirties who missed this whole fanaticism...

Good job Microsoft!

Although, I cheer this a bit reluctantly because...what does that say about America’s future?

***

I’d also credit these things with making our kids fat and dumb.


20 posted on 08/07/2007 12:02:26 PM PDT by fatnotlazy
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