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Rumor: Xbox 360 price drop and more photo

Yes, we know that everyone thinks they know.  Everyone we've talked to has this secret, official source that has let them know for sure that the price reduction is coming. Is this the next 'worst kept secret'? What's unfortunate is that no one can really, truly confirm a price drop for Microsoft's Xbox 360. It's in the air, and we can almost taste it, but we don't really know for certain. Because of this, chalk the following up to rumors.:

One of our tipsters says that, "If the Hollywood Reporter says it, then it must be so." We don't know about that, but they are coming right out and saying it. Hollywood Reporter says that we should expect a $50 price drop early next month. Someone in the retail world says that the price will be dropped on August 8th, which goes along perfectly with the 'Madden NFL '08 launch price drop' buzz that has been floating about. Again, although it's not confirmed, we've seen and heard it too many times to question it. Someone at Microsoft is giggling now.

Another tipster has heard that $100 CDN will come off all of the Canadian SKUs come August 1st, again coming from 'a good source'. We've heard a little less along these lines, but this is an interesting rumor. We'll wait to see if this pans out.

Lastly, and probably lowest in rank is the rumor that the upcoming Halo Limited Edition Xbox 360 will be the same price as the currently available Xbox 360 Elite, only 100gb shorter in the storage department. Green paint must cost a bunch!

This price drop would throw things right up in the faces of Sony and Nintendo, getting the possible $199 (or $249 depending on who you're listening to) in at a lower price point than the Wii, as well as making Sony's PS3 price drop look a little less special.

[thanks Zero I, Detry, and many others - via Hollywood Reporter]







More gaming stories around the web. Got news? Submit yours to tips@destructoid.com

Dale North is Destructoid's Editor-In-Chief, a founding editor, and specialist in Japanese gaming. An accomplished musician, Dale was reporting from Japan during the earthquakes of 2011. Luckily, he got the fuck out alive and is home in America now with his wife and beloved corgi, Einstein. Dale is also a co-founder of Destructoid's sister anime site Japanator. Likes Corgis, Sega Saturn, PSP, iPhone, Photographic tools. Meet the rest of the team



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48 comments | showing # 1 to 48
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bluemeep's Avatar - Comment posted on 07/25/2007 07:40
bluemeep
$200 is usually my bar for purchasing a console, so if the 360 dips under that I'd definitely consider it more than I do now. If they keep producing titles I can dig like they've been pushing lately, I may pick one up yet.
bhive01's Avatar - Comment posted on 07/25/2007 07:40
bhive01
I honestly didn't expect the drop to come so soon. I figured they'd wait until after the release of Halo to do it, but perhaps with the Falcon hardware they're saving enough money to do this. 199$ though? If that truly is the case then I see Nintendo matching it with the Wii. Then again, I still haven't seen a Wii in the wild.
BlindsideDork's Avatar - Comment posted on 07/25/2007 07:42
BlindsideDork
It might either be super stupid or super smart to reduce the price from Halo 3 but I wouldn't hold your breath for a price cut until beginning of NEXT year, that is 2008 foo'!
bhive01's Avatar - Comment posted on 07/25/2007 07:51
bhive01
@BSD, do you be "before Halo 3?"
bhive01's Avatar - Comment posted on 07/25/2007 07:52
bhive01
I was thinking the same thing Derailment. But, DVDdesign introduced me to SuperMath yesterday and showed me that anything is possible.
Extreme_Drunk's Avatar - Comment posted on 07/25/2007 08:11
Extreme_Drunk
If the 360 Elite (I want HDMI) hits 350 or so, I think I may actually be sold.

The tricky part is do you wait for Halo 3 to save your system sales or do you combine it with a price drop in order to increase the overall sell through of the system? I'm sure they're arguing about this right now at board meetings.

In many US states, if the price drops (not including sales) within 30 days from the time that you purchase your good - you can go back to the store and have them refund the difference anyway. So if they're waiting for Halo, and they drop the price two weeks later for the Holiday season, smart consumers will still get the price drop $$$$. Though how many consumers are actually smart..

IMHO - you probably wont see Microsoft drop the price until spring of 2008. At least thats where my prediction lies - but what do I know...
bhive01's Avatar - Comment posted on 07/25/2007 08:15
bhive01
"Though how many consumers are actually smart.. "

The answer you're looking for can be found in the shape of a krispy creme donut... mmmm donuts.
Extreme_Drunk's Avatar - Comment posted on 07/25/2007 08:30
Extreme_Drunk
Dunkin Donuts > Krispy Creme
xtofuconsumerx's Avatar - Comment posted on 07/25/2007 08:32
xtofuconsumerx
If they got the 360 under 200$ I firmly believe they could sell a crap ton of these things. Especially if they did it around the Halo 3 Release.

If I am standing in front of a shelf and saw xbox 360 for 200$ and a Wii for 200$ I would grab the 360. Of course the Wii is the new Ipod so if I was "cool" then I would buy the Wii.
xtofuconsumerx's Avatar - Comment posted on 07/25/2007 08:33
xtofuconsumerx
If they got the 360 under 200$ I firmly believe they could sell a crap ton of these things. Especially if they did it around the Halo 3 Release.

If I am standing in front of a shelf and saw xbox 360 for 200$ and a Wii for 200$ I would grab the 360. Of course the Wii is the new Ipod so if I was "cool" then I would buy the Wii.
Snaileb 's Avatar - Comment posted on 07/25/2007 08:35
Snaileb
No whey mang, Krispy Cream is awesome.
bhive01's Avatar - Comment posted on 07/25/2007 08:47
bhive01
Also, Dunkin Donuts doesn't exist in the south anymore. At least not that I've seen. Last I saw a Dunkin Donuts was in Providence, RI when I was at a conference. That was 4 years ago.
Xbudz's Avatar - Comment posted on 07/25/2007 08:51
Xbudz
hope it's true
bobthecat23's Avatar - Comment posted on 07/25/2007 08:55
bobthecat23
yea dunkin donuts is way better then krispy kream and fuck the south
bhive01's Avatar - Comment posted on 07/25/2007 09:02
bhive01
I'm not originally from the south, so if you're hoping to piss me off, it's not going to work. Somebody else might be your huckleberry though.
Corncobtacular's Avatar - Comment posted on 07/25/2007 09:03
Corncobtacular
The price should drop before Christmas. Didn't they just see a 70% reduction in hardware sales compared to the same quarter last year? That pretty much confirms to me that they have to do something.
Snaileb 's Avatar - Comment posted on 07/25/2007 09:03
Snaileb
bhive we have like, 10 dunkins.
BlindsideDork's Avatar - Comment posted on 07/25/2007 09:03
BlindsideDork
Halo 3 will sell 360's, supposedly 360's are making profit and not costing money now. So why in the world would they lower the price before Halo 3 comes out? That would be like shooting themselves in the foot.

I want to go to Dunkin Donuts now!
Demios's Avatar - Comment posted on 07/25/2007 09:06
Demios
You redckon this drop will be hitting european shores too or will there be Sony maneuver where they dont call it a 'price-drop' they call it a starter pack and shift some games with the console?
bhive01's Avatar - Comment posted on 07/25/2007 09:08
bhive01
Not a one in G-ville. In fact the one that was here is now a local BBQ place.
Cokeman170's Avatar - Comment posted on 07/25/2007 09:27
Cokeman170
I don't know you guys. Krispy is more juicy, and dunkin can leave your mouth feeling kind of drie. my vote is Krispy Kream.
burglarize's Avatar - Comment posted on 07/25/2007 09:43
burglarize
So are they just gonna forget about Europe?

They've only just announced the Elite for £330 ($670), surely they wouldn't announce it JUST before a price drop. Or worse yet, have a price drop a month after it's launch. Then again, knowing Microsoft, they'd just refund everyone the money.

In fact, thinking about it now, they probably WILL just do the refunding thing. I remember when i bought the original xbox MS refunded me £100 because of a price drop.

Meh.
Snaileb 's Avatar - Comment posted on 07/25/2007 09:44
Snaileb
Next debate to death : Krispy vs Dunkin
bhive01's Avatar - Comment posted on 07/25/2007 09:49
bhive01
4 cereal.
Extreme_Drunk's Avatar - Comment posted on 07/25/2007 09:55
Extreme_Drunk
That'll cause true riots.
Zero Iscariot's Avatar - Comment posted on 07/25/2007 09:57
Zero Iscariot
What is up now!

My info got Dugg and NeoGAF is taking the credit, pretending they invented the story.

+1 for me, -1 for fake Sony price drops
TorpedoTed's Avatar - Comment posted on 07/25/2007 10:01
TorpedoTed
Dropping the price now is a smart move, they will probabaly be thinking the same a sony, phase out the old hardware ready for the new cooler xbox.
Sharpless's Avatar - Comment posted on 07/25/2007 10:10
Sharpless
Fuck Krispy Kreme.

Microsoft is in such a position to pwn right now, and it's all Sony's fault. If not for the RROD fiasco, MS would be devastating.
bhive01's Avatar - Comment posted on 07/25/2007 10:31
bhive01
I don't believe that it would be a good thing for the industry for either MS or Sony to be "devastating." Competition spurs innovation. And, since when in an age of software upgradeable hardware they can fix many things. Sony is slowly getting it's shit together with their online and MS is perfecting theirs. It's a win-win for gamers when no one company wins.
Furnimus's Avatar - Comment posted on 07/25/2007 10:43
Furnimus
Dude. I live in da souf. I live in a very small city (and county) in SW FLA. We have 2 Dunkin Donuts in my little city, and another in a bigger city like 10 miles away. And no, this isn't some redneck south town with one gas station. It is actually very very populated, but like I said, small. We prolly have mo stuff than you yo. Lol. And BTW, we only have 1 Krispy Kreme. You know why it's called that? Because they let it sit and mold overnight so the shell gets nice and KRISPY.

And about the 360, I already have one. Drop the Elite down to $400, and I am SO SOLD. Cheers.
parrothead's Avatar - Comment posted on 07/25/2007 10:57
parrothead
Krispy Kreme is way better than Dunking Doughnuts. It is not even close
psybunny's Avatar - Comment posted on 07/25/2007 11:07
psybunny
ring of death isnt enough to dissuade me at that price point .....im in.....BTW
KRISPY KREME BITCHES
Zero Iscariot's Avatar - Comment posted on 07/25/2007 11:34
Zero Iscariot
Umm...Tim Horton's bitchez!

My info may have been a week or two off, but a console has never dropped price in August so it's not like I pulled it out of my ass.
I have some info about some new Microsoft hardware too, and it's not about a widescreen, games enabled Zune, that's for sure. lol.
pG99's Avatar - Comment posted on 07/25/2007 11:42
pG99
Shouldn't the green lights be red? You know, for a sense of realism.
Crunshii's Avatar - Comment posted on 07/25/2007 12:08
Crunshii
if they do a price drop, they wont earn any earnings from console sales, but then again, xbox sales have dropped to a all time low. So I guess better to get them out b4 they get Ring of Rust.
Reallynotnick's Avatar - Comment posted on 07/25/2007 12:48
Reallynotnick
The 360 is freaking OLD, it is time for a price drop and put those yummy falcon chips in it so I can trade in my old premium for an elite. Now if only I could sell my premium before the price drop (I need my data)...
Crackhippo's Avatar - Comment posted on 07/25/2007 12:55
Crackhippo
i hope this is true...especially the Canada part

The Loonie's Value FTW!
Zero Iscariot's Avatar - Comment posted on 07/25/2007 13:37
Zero Iscariot
I'd like to point out Crunshii's contribution to society over at kraptaku
And I quote: "to all xbox fanboys that are going to wait on MGS4 for multi console, Hope you can wait till Xbox720, cuz thats the only system I know it might run MGS4 like it should"

sweet.
Zero Iscariot's Avatar - Comment posted on 07/25/2007 13:41
Zero Iscariot
BTW: big props to Electro, as the only robot to "give me the benefit of the doubt" on my price drop rumor on July 13th. Thanks!
LordGloom's Avatar - Comment posted on 07/25/2007 13:58
LordGloom
I wouldn't even mind paying $400 for the system if they could make sure I didn't have to send it in every 4-8 months. Methinks no price drop until the holiday season (a.k.a. right before Halo 3), but if they could get the Core and Premium both within fifty dollars of the Wii, that would really propel the system's sales.

And KK>DD. Dunkin' is some kind of weird East coast thing. I remember long trips through Boston we used to play a game to see who could spot the most stores. Extra points if two stores were less then a block apart.
frygar's Avatar - Comment posted on 07/25/2007 14:21
frygar
RRoD. Now 50 bones cheaper.

Jump In.
Zero Iscariot's Avatar - Comment posted on 07/25/2007 15:04
Zero Iscariot
PS3, now with moar games...Oh wait. Hey at least we lied and said there was a price cut when in reality we added another 20GB and kept the price the same after all the current 60GB stock is depleted.
hexfix93's Avatar - Comment posted on 07/25/2007 16:09
hexfix93
extra extra, cheap soon to be broken merchandise. un reliable, will scratch your dvds, and will break and put you out.

its too late for them. doesnt matter how cheap it is, no one wants broken crap.
UNDERSTAR's Avatar - Comment posted on 07/25/2007 16:12
UNDERSTAR
Somebody wake me up when MS release their new motherboards on the 360.
Sharpless's Avatar - Comment posted on 07/25/2007 16:28
Sharpless
bhive, I never said it was a good thing. I see your point. But as someone who has long supported the Xbox above the PS3, I can't help but feel a little pleased. (I'm not a fan of Microsoft beyond their game systems, though.) Though, while monopolies are never good, I still can't help but prefer to only buy one system and not have to worry about other consoles calling for my moneys.
hexfix93's Avatar - Comment posted on 07/25/2007 18:13
hexfix93
Who cares what they do, who says their new design will be better, will they even test it? or rush it to market like they did with the current ones.

microsoft sucks at making hardware. its that simple. they should be making games for sony. they are a software company to begin with..
Zero Iscariot's Avatar - Comment posted on 07/25/2007 18:31
Zero Iscariot
that's laughable hex.
kittridge's Avatar - Comment posted on 07/28/2007 03:58Image Hosted by ImageShack.us</a><br/>
kittridge
you suck at making hardware
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