- According to an analyst with [Register or Login to view links]
, the Xbox 360 price drop will happen within a week.
That's right, the Xbox 360 price drop will no longer be rumor or speculation seven days from now, says EEDAR's Jesse Divnich
Instead, the Xbox 360 price drop will be reality within one week's time - and maybe within the current week.
To quote: "EEDAR is pleased to see that the PlayStation 3 has finally dropped in price. The new PlayStation 3 pricing scheme finally makes the Sony console a much more competitive product, relative to its closest rival, the Xbox 360.
In terms of value, the PlayStation 3 is a superior hardware product in comparison to the Xbox 360; however, this is not to suggest that hardware sales will suddenly shift to Sony's favor -- a superior hardware system is only one variable in the equation for next-generation success.
Nevertheless, the PlayStation 3 price cut will act as a positive catalyst that will close the sales gap between the PlayStation 3 and Xbox 360. This price drop also places the PlayStation 3 at a competitive price to the Wii (retail MSRP $249).
While the target audience for the two platforms varies greatly, some consumers will face a tough decision to purchase the Wii with outdated processing...