No price drop for Xbox 360?

Recently there has been strong rumors that Microsoft would be willing to cut the price of the Xbox 360. Microsoft and especially Sony have a reason to be worried, as Nintendo’s different kind of approach on the ‘next generation of gaming’ has been surprisingly succesfull so far. While the Wii is technically much less advanced, more comparable to original Xbox or PS2, it is very cheap and delivers a whole new kind of gaming experiece. The source however has published comments by Microsoft that no price reductions are on their way, at least not in the near future.

But talking via Gamerscoreblog.com Hufford said: “With Xbox 360s selling well at their current price point, Elites selling out at $479, and an insanely great portfolio of games in the market, there’s no reason to announce any kind of price drop any time soon.

Source: GI