John Porcaro, group manager of PR and communications for Microsoft US, has reacted to persistent rumours by reiterating that the company has no current plans to cut the price of the Xbox 360.
In a post on his blog, Porcaro wrote: "As you’re all aware, there have been rumors of a price drop for the Xbox 360 coming along later this year. The official word from folks in the know is that there are currently no plans for a price drop this fall."
"If you’ve been holding off picking one up because you think they’ll be cheaper in the future, or they’ve been hard to find.
I think Microsoft will have a problem shifting Xbox 360's at that same price once the PS3 has launched.The PS3 may be more expensive but ya get more bang for ya bucks.