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Xbox 360 Price Cut coincides with PS3 Slim Release

Xbox 360 Price Cut coincides with PS3 Slim Release

By: Peter Chubb | August 26, 2009 | 4 Comments

TG Daily have learned from EEDAR analyst Jesse Divnich that Microsoft is all set to announce a price cut for the Xbox 360, this is perfect timing for the release of the Sony PS3 Slim. The new pricing is as follows, the Xbox 360 Elite will now be $299 and the Xbox 360 Pro will be reduced to $249. It is also reported that the latter model will be phased out over the next three months.

It is no secret that gamers have fallen out of favor with the Xbox 360 and the upcoming release of the PS3 Slim will not help its cause. Divnich noted that gamers would once again favor the Xbox 360 once Natal is released. We have to wonder if this could be too little too late.

Divnich has also been telling TG Daily that both the Xbox 360 and the Sony PlayStation 3 will threaten the motion control features of the Nintendo Wii. However, we do have to point out that the Wii still has two things going for it, which are its low price and a huge title of motion control games.

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  • Slippy Sloppy

    “It is no secret that gamers have fallen out of favor with the Xbox 360″

    It must have been a bit of a secret because it’s the first I’ve heard of it. I think what you meant to say was “It’s no secret that PS3 fanboys and lazy journalists like myself have fallen out of favor with the Xbox 360″.

  • Bob

    Lol, Slippy your saying the Xbox has been at the top of it’s gain for that long and people are super faithful with it still. Geez, look around..

  • Slippy Sloppy

    I assume you mean “at the top of its game”?

    To blindly say people are falling out of favour with the 360 in pure nonsense and ill informed journalism. The PS3 slim is hardly going to have that much of an effect on the 360 due to it’s still relatively high price tag.

  • I dont know

    Sicck, price cut for 360 means that instead of the arcade I was planning. I’m gonna get a ELITE instead. I have a ps3 but its been like 10 months since I turned it on…soo sad.

    Got a while list of 360 games I itching to get.
    PS3 – owned 5 games (3 on hand)
    360 – planing 9 games
    PS3/360 exclusives, so you can guess what they are)