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Pachter: Microsoft can cut Xbox 360 price at anytime

Modern Warfare 2 Xbox 360 bundle.

Microsoft recently dropped the price of the Xbox 360 Elite to $299.99. They also just ended a two-week promotion for a $50 rebate for those who purchased the premium Xbox 360 model during that time frame. 

Even so, Michael Pachter doesn’t think Microsoft is done with their efforts to make their system more attractive to consumers. In the latest Bonus Round episode, the analyst from Wedbush Securities stated that Microsoft can cut the price of the Xbox 360 by $50 at anytime. Here is his statement when asked how Microsoft can counter the rising momentum of the Playstation 3:

“What Microsoft has on its pocket is $50 more on its price, which they can pull that trigger anytime they feel like it. You guys all saw the rebate that they have. They did it to see how the market reacted. It’s a two week promotion, September 22nd to October 5th and it’s done. They want to see what $50 does before they do $50 across the board. They made it a little bit hard to do: you got to cut out a box piece, you got to enter a code on the website. But they’re testing it.”

When discussing the Modern Warfare 2 hardware bundle, he later added: “They are going to have a 250 gig box. That’s the point. They didn’t buy 5,000 of these as a test. There’s going to be a 250 gig 360 some day. So I actually think you’re going to see the 120 gig get priced at $249 whenever they feel like it, which might be January, February, it’s going to happen. So, if I were a gamer, I will be watching for that. I think Microsoft got more leverage to pull.”

The upcoming holiday season should be quite interesting to say the least, especially with the Playstation 3 and Nintendo Wii recently getting a price drop. While the Xbox 360 also got one, its entry price still remains the same with the Xbox Live Arcade at $199.99.

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, Video Game News Examiner

Shui Ta has been infatuated with video games since he was five years old. He has been writing online for nearly three years, has written at least 700 articles (mostly on video games), and has accumulated over 550,000 page views.

Comments

  • jesse 2 years ago

    sounds good but that pd me off tho when i call ms about that offering when it was first posted on n4g.com ms didn't kno what i was talkn bout so i took my elite back to walmart cuz i was already in route of gettin that mw2b but to bring the elite down to 249 will be nice but if natel comes with xbox then how much the price will be for the elite even tho i will hav 2 systems again i still want a third to put in my kids room yea its that serious in my house.......

  • tarbis 2 years ago

    Like hell they can drop it. If they're really confident they don't need the stupid scam rebate thingie to test. This only proves that they CAN'T drop it yet. They'll need to remove something from the bundle if they want to drop it, like they removed the HDMI cable when they dropped $100 on the elite. LOL. $100 for a HDMI calbe.

  • oldest gamer 2 years ago

    Stick a fork in M$, their done.

  • massapeal79 2 years ago

    they could do it i think they should do it because sony can not afford do it so if i was m$ i would do it and m$ sould buy ed i would that would kill sony in there track...

  • The Truth 2 years ago

    LMAO...this is fanboyism at it's best. M$ having room for another price cut was really a one line sidebar of the latest Patcher line.

    The ACTUAL story of Patcher's bit is that September's sales numbers show PS3 sold 410,000 consoles, followed closely by the Wii with 390,000 and bringing up the rear was the RROD 360 at 350,000.

    Sorry to break up this fanboy's blog, but that was the main point of what Patcher said, and for some reason it wasn't included.

    LMAO...Denial isn't a river in Egypt.

  • Chris 2 years ago

    Actually I imagine it wasnt $100 for the HDMI. In a press conference or whatever they said that removing the Component and HDMI cable and giving regular composite it lets the gamer have more flexibility as to what they want to go video wise.

  • hey 2 years ago

    Go kill yourself Pachter. Get a real job instead of sucking with your f ag­go­try.

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