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Xbox for $99? Xbox 2 in 2005? | |
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| Time: 03:01 EST/08:01 GMT | News Source: CNN | Posted By: Robert Stein | ||
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Microsoft's Xbox may be on the verge of a substantial price cut, falling from $179 to $99 by Labor Day, according to P.J. McNealy, an analyst with American Technology Research. "It is our belief that the price on the consoles in North America could see a stepped drop this year, with both the PS2 and Xbox being cut to $129 between now and the May E3 trade show, with [Microsoft] then cutting the Xbox further to $99 in the late summer," he wrote in a research note released Wednesday. McNealy also believes Microsoft will launch its next generation console in late 2005 – a year earlier than has been previously rumored. That would put the Xbox 2 on store shelves up to a full year before Sony's PlayStation 3. | ||
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| #1 By 37 (64.109.31.106) at 1/29/2004 4:08:09 PM |
| Since a recent report shows that the Xbox made its first profit this last quarter, it makes sense that they would drop the price now. |
| #2 By 3339 (64.160.58.135) at 1/30/2004 2:00:21 PM |
|
"Since a recent report shows that the Xbox made its first profit this last quarter, it makes sense that they would drop the price now."
http://www.microsoft.com/msft/speech/FY04/Connors0127Boston.mspx "With the current cost of goods, which we have taken down fairly dramatically, there's no way to make money on the console in this first generation." |
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