870°

Xbox360 Elite to drop to $299 on September 1st

The latest sales papers for the week of 1st September to 7th show the Xbox360 Elite priced at $299 and replacing the current Pro SKU which Microsoft is phasing out.

In a move obviously designed to offset Sony's recent PS3 redesign and price drop, the $299 price point is expected to take effect on the same day as the new PS3 launches - September 1st. The Arcade SKU will remain at $199.

Read Full Story >>
news.vgchartz.com
St05351d ago

lol I thought MS wasn't worried about PS3 slim & price cut.

bmw695351d ago

Seems they were just saying that :-)

-EvoAnubis-5351d ago

MS is scared as hell; they're not stupid. They're perfectly aware that this year they've only sold 150K or so more units than the PS3, and that was BEFORE the price drop.

Even with dropping the price of the Elite down to the PS3s price, MS still had cause for alarm. At the same price, it becomes even more clear how much more the PS3 is offering than the 360. Free online play, Blu-Ray, Wi-Fi built in, the ability to throw in your own HDD, PlayStation Home, and the best exclusives of the 2009 holiday season.

This is going to be interesting.

Total_Retard5351d ago

ps3 was 400$ 360 was 300$

what was happening again....

SIX5351d ago

It's not like the 360 was unaffordable to begin with.

chaosatom5351d ago

it's the same!

No ads can come out of that.

Jinxstar5351d ago

So you get a bigger harddrive is all right?

joydestroy5351d ago

haha i saw this coming but they would need to knock another 50-100 off for it to matter.

plum305351d ago (Edited 5351d ago )

So when PS3 cuts the price its to benefit the consumer, but when M$ cuts the price its out of fear?? Hmmmm...very interesting.

Lifendz5351d ago

299.99 for PS3 is a bargain compared to 299.99 for an elite. Blu-ray, freely changeable harddrive, free online, exclusive Sony games coming by the boat loads, etc etc.

Yeah, this console war is going to get interesting.

FlipMode5351d ago (Edited 5351d ago )

Of course its a price cut out of fear they are already the cheapest console.

raztad5351d ago (Edited 5351d ago )

@plum30

Bro, I think it's not by chance that just September 1, you know the very SAME date the Slim PS3 is coming out, the xbox360 gets a price cut as well :D.

While Sony is acting (showing leadership) Ms is just REACTING. Is MS scared? probably, they have more than enough reasons to be, at least, worried about.

Kushan5351d ago

What makes you so sure that the reason they "aren't worried" isn't because they had a price cut planned the whole time?

DixieNormS5351d ago

But besides us gamers, Not a lot of people know what the fack BLU-RAY is for. So a lot of people are going to look at the games library or the look of the console. And to tell you the truth the Slim is butt ugly. But to each his own. I have my MGS ps3 so I'm cool and have been cool for a year now.

Pistolero5351d ago (Edited 5351d ago )

When Microsoft said that they aren't concerned about the PS3 Slim maybe it was because they knew that they could stay competitive with a price cut of their own.

edit..."While Sony is acting (showing leadership) Ms is just REACTING."

raztad I'm sorry but that is a weak argument....we could just as easily say that Sony is just responding to Microsoft's earlier price cuts and is the one following. It's not like Microsoft hadn't heard all the rumors about a PS3 price cut just like us...heck they might have had solid inside information and knew it was coming....and they might have had a price cut ready to go to counter Sony.

joydestroy5351d ago

i had to come back just to lmao at this news

cmrbe5351d ago

In that same article MS said they march to their own tune. This is even more confirmation that MS reacts to any action taken by Sony. MS dropped the price of the x360 even below the wii last year and Sony did nothing. Now that Sony drops its price and MS follow suits immidiately?.

Lets see what happens but i doubt this price drop would help them at all.

iamtehpwn5351d ago

You know Microsoft cut the Price of the Xbox360 when Ps3 also dropped to $400, right?

RememberThe3575351d ago

If they didn't lower the price of the Elite they would have lost the affordability argument.

It makes sense that they would lower the price of the Elite to go toe-to-teo with Sony. A battle that I honestly don't see them winning.

But the great thing about business is that as long as you make money your good. And even if the PS3 started to out sell the 360, as long as they keep making money, their straight.

I think they do, however need to make sure they don't loose control of they're business plan because of what Sony or Nintendo does. Sony didn't lower the price of the PS3 when MS lowered their prices because it wasn't in their plan, and now Sony is riding a wave of love into the holiday.

Matched system-to-system the PS3 kicks the crap out of the Elite.

raztad5351d ago (Edited 5351d ago )

@Pistolero

No need to be sorry dude, you're not offending me.

BTW, that wasnt an argument, it was just my take on MS tactic. See, PS3 has been in $400 (minimum) for more than a year already, Sony is following its own path. MS tactics is just tied to Sony's. Its principle is to be the first (respect Sony) and to be cheapest (respect Sony). It's clear they are just reacting to the PS3 new price scheme.

table5351d ago (Edited 5351d ago )

yeah I called it. Sony always do their own thing and MS always respond. It's their way of doing business. Not necessarily a bad way but it reeks of desperation every time they act this way. They did the same when KZ2 was releasing and so they moved Halo Wars to be released at the same time. Good for us consumers though.

lowcarb5351d ago

Well with ODST and a price drop around the corner it makes since for Sony to try and steal some thunder back before 360 news starts taking off again.Funny how Sony has to redo the ps3 to get the price down and you guys call MS desperate lol. Also I would prefer all of my 360 features minus rrod over blu ray wifi and free online(which would be nice but nothing to whine about).

beavis4play5351d ago

but, WHAT features (unique to the 360) are you referring to?

5351d ago
CrazzyMan5351d ago (Edited 5351d ago )

I mean, if M$ at all want to sell elite models, they just HAD TO drop price.
What advantages 399$ costing elite is having against PS3 slim at 299$?
NONE.

Saint Sony5351d ago

Just because my launch day precious went all RROD to me after sweet and lovely 4,5 years.. how rude.

evrfighter5351d ago

"Not necessarily a bad way but it reeks of desperation every time they act this way"

What way is that?

It's no different than how ATI would react if Nvidia dropped the price on a top end GPU or Nvidia dropping the price of theirs if ATI had a better price/performance ratio.

The same goes for M$ vs. Apple in the OS department, AMD/ATI vs. Intel, ATI vs. Nvidia, Samsung vs. Sony...

The console market is big enough to be labeled in that group. We all know this. This was to be expected in the business and common sense world. It's just too hard for fanboys to comprehend I guess =\

All-35351d ago

LOL - they weren't... because Microsoft always knew it could reduce prices as well. What's hard to understand?

whoelse5351d ago

The difference is that beforehand you could get a good Xbox 360 for $100 less than the PS3. Now, they are the same price, even the same colour.

But what do you NOT get with the 360?
Blu-ray
Wi-Fi
Bluetooth
Sixaxis technology
Free Online Gaming
Web Browser
Vidzone (Europe)
Best lineup this holiday season
PSOne classics including FFVII

Game13a13y5351d ago (Edited 5351d ago )

they really had to drop the price otherwise PS3 slim will eat the Elite alive. But even now that the Elite has been lowered to $299, its still not much of an offer compared to the PS3 slim. simply no match especially when games like GT5/Uncharted2/GOW3/FF14/FF13 Versus/Demon's Soul coming out of the horizon. M$ should lower it to like $150 for it to really make an effect IMHO. (no fanboy flame intended)

aaronisbla5351d ago (Edited 5351d ago )

who said sony had to redesign it to get the price down? last i checked, that price drop is in affect as of now for the older models as well. Plus i find it funny how you make it sounds as if its a bad thing to redesign it, especially since it uses 30 (estimated)% less energy, if you pay your own bills and electricity is one of those, that would be a good thing.

On topic: Microsoft dropped the price to stay affordable with their highest costing unit, plain and simple. Some would call it desperation, some would call it smart planning, whatever. It is what it is. MS knows that having a SKU out there that now costs more than the ps3 wouldn't be a good look.

To those who say MS reacted to this price drop from sony, i say you are right. Maybe not out of desperation, but because they aren't stupid. But honestly its not gonna be enough to curb the new wave sony is riding on as it was already affordable.

Perhaps if they would have just dropped the arcade unit ( quite a few MS fans tend to point out that quite a bit of MS newer sales are from pro and elite units ) and just stick with 2 units with the pro being $199 and the elite dropping to $299, it would have more of an impact. Hell, dropping it elite down to $250 would have been a big blow also

The price drop news was really big, sh!t was featured in newspapers in my city ( chicago ) that normally don't even talk about games in detail.

All that said, i wish some sony fans (read:fanboys) would stop acting as if this is the end of MS and its 360 as we know it, you guys only end up looking a bit foolish in the end

JasonPC360PS3Wii5351d ago

Desperate? you mean like releasing a PS3 slim at $299?

Doomsday5351d ago

When i read ff7 on your post an interesting question popped in my mind. Do you think anybody bought a ps3 just to replay or just play that game? If so that is really saying something about that game.

Sarcasm5351d ago

MS had better be worried, especially since Sony listened to the consumers DIRECTLY with this ad.

http://www.thesixthaxis.com...

Blu-Ray
Internet Browser
Built-in Wifi
Free Online Gaming
Trophies
Built-in Hard Drive
Photo Slides
Video Chat

and "Now only $299"

As you can see, they finally wised up.

Sarcasm5351d ago

"Desperate? you mean like releasing a PS3 slim at $299? "

PS3 Price cut to $399 was in November 2007. That's 1 year and 10 months ago.

The 360 price drop? Sept 5th. 1 Year ago.

Now they're dropping it AGAIN.

As you can see, Sony drops it when they want to drop it.

Microsoft drops it when Sony drops it.

Follow the leader!

ps3d05351d ago

Well just goes to show how stupid the TC is and the other fanboys. MS is far from stupid and they do realize what a ps3 price cut will increase the ps3 sells. Are they worried about it not likely. As for the price cut on the elite I doubt it has anything to do with sony and the ps3. MS is pushing more and more for DD on the 360. That means movies, games , DLC , music you name it. However people will only buy what their HDD allows for so a person with a 20gb isnt buying much a person with a 60 gb will buy a bit more but that will quickly fill up too. If people had a 120 gb HDD they buy much more and in turn MS profits will go up.

As for the date well they were doin this anyways so why not take a bit of steam out of sonys price cut.

All-35351d ago

So Sony was as desperate and scared because it just released a brand new PS3 version with a reduced price? You kids are truly funny.

AAACE55351d ago

They are competing, so we all knew this would happen.

I couldn't wait, so I went and got a 80 gig Ps3.

coolirisGB5351d ago (Edited 5351d ago )

LOL at the anger in here like something was stolen from you guys. There were 360 price drop rumors the whole time during the recent Slim rumor mill.

I thought people would work harder and or buy PS3 games even with no games, see what I did there?

Only Sony can reduce the price 5 or 6 times 3 or 4 ways in 3 years. If Microsoft matches the move in a business move it's desperation lol.

Oh Noes! Microsoft didn't react publicly resulting in fanboys not being able to say Microsoft was under pressure. Microsoft is in control not Sony.

MazzingerZ5351d ago (Edited 5351d ago )

You speak as if every consumer was new into VG, those you're talking about are getting rather a Wii, there are lots that know what BR is.

one could say the same about "XBL Party" or XBL in general, they don't know what the heck XBL is ...some X360 owners think XBL is there since the beginning of time in history books.

If you want to see it in that way, lots of MORE but MORE people know what Playstation as a brand is, that people you talk about, that don't know what BR is, in many cases calls the X360 actually just XBOX and they think is the old console..those are getting a Wii like I said. US is not the world, X360 is not as popular as you think all over the world among average consumers. in many places it's rather X360 "the console that is cheaper than the PS3"

Those deciding TODAY between X360 and PS3 will look at the GAMES LIBRARY, many of those, like you say, might don't know what BR is, but they know what MGS, GT, God of War, Singstar, Buzz, HotShots Golf, Ratchet&Clank, Team ICO is...many of those would had already gotten a X360 if they wanted to....MANY of those are real gamers and already own a X360 and have been looking forward to a more affordable PS3 to enjoy more awesome games

PS3 is reaching now several different consumer groups with this price drop and a NEW MODEL, people don't get it??? it is not the old console, a marketing department, a retailer has it easier to sell a NEW MODEL of a product rather than the same console that it only got cheaper.

you're joking yourself if you think those consumers you talk about were waiting for an Elite price drop...if they don't know about BR like you say then they don't know either anything about "Elites" which the only BIG difference is a HDMI cable included (before at least)...HDMI? BR? what's that?

So in their eyes that X360 console there for 299 is the same one than 2 months ago, the one really getting a price drop is the PS3 or better said, Playstation 3.

People should stoping trying to make consumers appear completely ignorant about features or franchises that PS3 has over X360 but experts in completely new franchises or "XBL Part chat"

Now sales figures will show what consumers really want or prefer or how ignorant they are, I hope people stop talking about sales figures for once and all, this gen has been special annoying reg. in that matter.

Just let both sales their consoles without trying to put down one or the other...I'm repicking up a X360 to play ODST, I love Halo but right now PS3 Slim is the real news and people should just stop trying to take away credit from SONY for coming out with a slimmer model at a cheaper price...those people then should make a fan club for the ATARI CEO in that case as it seems that's the kind of philosphy they rather like.

commodore645351d ago (Edited 5351d ago )

I keep reading FUD from extreme Sony fanboys to the effect of '360 only outsold ps3 by 150k/190k units this year'

That is some really creative SPIN going on there.
I have yet to see any evidence, of course, and it speaks loudly about the delusions that are repeated and perpetuated on n4g.

Sounds like a blatant LIE to make 'third year/third place' more palatable, no doubt.

I wonder who started spreading such lies?
Surely not that 'ueber-ps3-fanboy' darkride66?

..figures.

rockleex5351d ago

They'll be losing money for every Elite sold.

Considering how Microsoft has said they're in it to make profit this generation, it just doesn't make sense.

Microsoft has to cut production costs of the Elite. Or release a newer, cheaper-to-build model. Or the Elite really only costs about $299 to manufacture in the first place.

Hmmm, I think I might be on to something. Maybe it was that cheap to build to begin with... considering how much they overcharge for their accessories like the HDDs.

commodore645351d ago

I find it sad that people are reading my post above and pressing disagree, but STILL NOT providing credible evidence!.

Come on , guys, show me that you have some character!

vhero5350d ago

Either MS is scared or this is one company lowering the price as right now we only know of one company dropping the price. Pick your poison people.

sonic9895350d ago

why they are scared ?
cause the PS3 slim isn't even out yet and not a week old since the announcment
did sony cut the price when the 3fixme was 199.99 $ ( lol cheaper than wii and still fail ) no
but MS has no plan they react only
what a pathetic way huh they were happy when ffxiii was going to the 3fixme Lol ( not even exclusive ) lOl

Anon19745350d ago (Edited 5350d ago )

It's funny, because I know full well that he's capable of reading Sony and Microsoft's financial reports - he's quoted them often enough to me. The idea that he has seen no proof that the 360 and PS3 are only 190,000 consoles apart this year is laughably easy to verify and just proves that he doesn't WANT to acknowledge the Truth.
PS3 sales for Quarter 4 and 1 (Jan - Jun) 1.61 and 1.1 million.
360 sales for Quarter 3 and 4 (Jan - Jun) 1.7 and 1.2 million.
I know you know how to verify this. Knock yourself out.

And while your at it, why don't you verify that the more expensive PS3 has outsold the 360 from the start of 2007 till now by over a million consoles? Another truth you might find a little hard to swallow. Here's your credible links.

http://www.sony.net/SonyInf...
http://www.microsoft.com/ms...

I think the 360 is a great console, but I'm skepitcal what impact a price drop on the Elite will have. It's 10 times the console the Wii is, and cheaper yet it's been unable to touch the Wii's numbers. When you can pick a more hardware reliable and Blu-Ray equipped PS3 for the same price as an Elite, who in their right mind is going to pass up that value?

kunit22c5350d ago

Do they think that if someone has $300 if they have the option of getting a PS3 Slim or 360 Elite they will actually pick the 360! lmao no way! and if they do pick the 360 they are incredibly stupid, a PS3 Slim at the price of $300 is a way better deal than a 360 elite at the price of $300.

commodore645349d ago

Well, i have checked out the reported sku sales of both ps3 and 360 and it seems darkride66 is right!

Of course, I will show some backbone and admit this to be the case immediately. Not sure I can say the same for all the times he's been proven wrong though...

Anyway.

in the last two quarters the 360 did indeed outsell the ps3 by 190000 units!
So i guess i stand corrected on that one.

Just makes me wonder how it can be said that being outsold by 190k units is a good thing at ANY time, let alone when one is languishing in third place!

It is important to note, additionally, that over the last twelve months, the ps3, even with its included bluray movies, its free psn, its KZ2, MGS4 and purported ground breaking exclsuives, was STILL outsold VERY convincingly, worldwide by well over a million units!

It is also sadly a poor reflection on the ps3, which during the ENTIRE time it was outsold during the last twelve months, was also available at the lowest price Sony dared to sell it at, which incurred continued losses for Sony, as is seen in the Sony company reports, repeatedly.

Indeed, it comes as no surprise that with the advent of the PS3 $299 price drop, in a last, desperate attempt to close the sales gap, those losses will be expected to continue.
http://www.examiner.com/x-6...

THAT will be difficult to sell to the shareholders!

Anon19745349d ago

First off, I'll happily admit I'm wrong, when I'm wrong. I look forward to the day when you actually teach me something, but that day hasn't come yet.

Now, languishing in third place? You've seen the data. You know full well that since the PS3 launched worldwide in 2007 till now it's outsold the 360 by over a million consoles. How is outselling the 360 during that time "languishing"? Only in your mind is outselling the competition a bad thing.

Now, as for the last 12 months we know that's just cherry picking. Just say it, the 360 had a great holiday season due to it's pricecut. The quarter before that it was outsold by the PS3 and in the 2 quarters since then it's been neck and neck. That's simply misleading. I could just as easily point out the PS3 outsold the 360 by over a million consoles in the first 6 months of 2008, and it would be just as meaningless. That's why I look at overall sales, because comparing one quarter to the next doesn't tell the entire picture. And the whole picture proves that since the PS3 launched worldwide, it's outsold the 360. Period.

+ Show (47) more repliesLast reply 5349d ago
MaximusPrime5351d ago

seems MS are getting very worried

plum305351d ago (Edited 5351d ago )

I thk people are confusing fear with common sense. I'll try and make it as simple as I can. "IF COM-PE-TIT-ER DROPS PRICE, THE OT-HER COM-PE-TIT-ER DOES THE SAME" Look Sony's doing JUST FINE. Why people feel the need that M$ has to fall for Sony to succeed is beyond me.

RememberThe57 makes the perfect argument IMO. M$ is simply doing their job. Don't know where this fear crap is coming from. Heck, if I were M$ Id do the same. The Slim is easily the better deal compared to the Elite, but what remains to be seen is if the majority of consumers will understand that. Personally, I don't see the PS3 moving up from 3rd place, but that won't stop me from enjoying my PS3. Now, if M$ all of a sudden made XBL free, then that would be a clear indication that their scared.

beavis4play5351d ago

why did you split up your words with hyphens? i'm not sure what the point of that was?

StanLee5351d ago

It's funny how PS3 fantards are calling this news desperate when it was all but confirmed before the official announcement of the PS3 Slim and a PS3 price cut. It's funny how the memories of fanboys are very selective. SMH at idiots.

aaronisbla5351d ago (Edited 5351d ago )

you dont think Microsoft caught wind of all the price drop/ slim rumors and acted accordingly? we all know sony news can't be held secret till its announced, im sure MS planned this knowing the ps3 price drop was coming.

Not that its a bad thing, what other real reason did they have to drop the price? Like RememberThe357 already said up above, its them doing business

Also, when did MS officially announce this? i didnt catch everything at gamescom, did i miss out on something?

-EvoAnubis-5351d ago

Ahem.

Last year when Mi-cro-soft dropped their price, So-ny did no-thing. That's the dif-fer-ence be-tween a foll-ow-er and a lead-er.

I'd have done your all CAPS thing, but quite frankly that's annoying as hell.

+ Show (2) more repliesLast reply 5351d ago
zok3105351d ago

When the 360 have been available for $299 since last year? unless there are information missing. $250 Elite would have done wonders for MS and nightmares for Sony. MS seems desperate now, they responded too soon. A $299 Elite pales in comparison to a $299 PS3. Will wait for more info and official announcement, but if true then that was a dumb move by MS.

locos855351d ago

Exactly what I was going to say. People can go out now and get a new 360 for 299. They couldn't get a new Ps3 for 299 before the price cut. This is basically a new Pro Sku with more memory and different colors. Not earth shattering news.

3sq5351d ago

It's still 299+50 to play online.

CrashFallen5351d ago

its still...

299+$50 online+ $200 for an HD DVD player+ $100 for Wifi+ $20 for a Charge and Play kit....

need we say more...? o_O

aaronisbla5351d ago

oh come on, you cant keep using the add on for hd dvd in these kinda price arguments as gamers wouldn't buy one if they just play games. i do get ur point though, Blu ray is a nice extra

StillGray5351d ago

There's some reports that this might not be official, but I've heard the same news from more private sources. We'll see if it's true.

bmw695351d ago

I believe it is pretty much confirmed now...

Show all comments (246)
90°

Lord of the Rings: Battle for Middle-earth II - PC Wore it Better

Lord of the Rings: Battle for Middle-earth II was an intriguing and unique RTS title, that sadly suffered in its console port.

dadavis19925h ago

Was just thinking about this game and wishing I had a way to revisit it. The way EA scrubs these titles from existence once their licensing runs out is horrid.

120°

Final Fantasy 12 Has The Worst Cid, Says Ben Starr

Clive actor Ben Starr plays kiss, marry, kill with Final Fantasy characters, and decides to off Cid from Final Fantasy 12.

Read Full Story >>
thegamer.com
CrimsonWing6919h ago

I’d give it to 8, but whatevs.

mastershredder9h ago(Edited 9h ago)

Ew VO actors and their cringe core. Fiverr voice actors could out perform this chump.

80°

PAX East 2024: Suda51 Talks Shadow of the Damned, More

Grasshopper Manufacture's Shadows of the Damned returns this year with a remaster, and Hardcore Gamer got to talk with Suda51 about it, among other things...

Read Full Story >>
hardcoregamer.com