Xbox 360 with a major price cut

On Wednesday, Microsoft announced they would slash the prices of their Xbox 360s, with the Xbox 360 Arcade version going down to $199! Now I know Wednesday was 2 days ago, but we were busy checking out Chrome, and so we're gonna talk about something a little different now, even if it's a little late.

So, why are they cutting prices? Well, they want to be more of a competitor against the Wii. You may or may not know this, but since the Wii was released, it sold more units than the Xbox 360, and Playstation 3 combined. Plus, the Xbox 360 was at the low end of the triple competition. You can guess than Microsoft would want to sell some more units as the holiday season comes along.
As well, the Xbox 360 will be priced at $299, and Xbox 360 elite going for $399.
But it's really not all about the price, although I'm sure the Xbox will sell more units now. However, Microsoft's gotta take into consideration the profitability of such. Most people probably bought the Wii because of the new innovation, so they will probably continue to buy the Wii. However, with these price cuts, people who don't have the budget for a Wii, can now get an Xbox 360, which isn't all that bad except it doesn't have the motion controller.

Would you buy an Xbox now because of the price cuts? Tell me what you think with a comment.

Tags: Microsoft, Xbox, Xbox 360, Wii, BlitzTech Blog

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