08-07-2007, 03:08 PM
|  | Wooden Poster | | Join Date: Jun 2006 Age: 17
Posts: 139
| | | Xbox 360 Price Drop!
The Xbox 360 has dropped $50 in the US, and $100 in Canada (I'm Canadian, too bad I already paid $500 for mine lol). US Price Drop Canadian Price Drop
All new prices go into effect TOMORROW, August 8th, 2007! |
08-07-2007, 04:02 PM
|  | San Jose Sharks | | Join Date: Jun 2001 Location: San Jose, CA Age: 21
Posts: 7,121
| | | Deal is to be had at Xbox 360 Premium for $350
Thats a good price if you ask me, considering I paid $300 for my PS2 come launch day.
__________________
Kyle L - Thrillnetwork Speedzone Lead
|
08-07-2007, 07:33 PM
|  | Bite my shiny metal ***! | | Join Date: Jun 2001 Location: Ca$hville, Nashvega$ Age: 29
Posts: 7,720
| | | I paid $119 for mine (refurbished... but new was $149 at the time, and I got 2 free games in a package).
I'd still pay $249 for a Wii before I pay $350 for an XBox. |
08-07-2007, 10:14 PM
|  | Skycoaster Poster | | Join Date: Mar 2007 Location: North Carolina Age: 16
Posts: 1,329
| | | Seems like all the game consoles are dropping in price except the Wii. Are they having problems selling the products or what? |
08-07-2007, 10:20 PM
| | Banned | | Join Date: Jan 2004 Location: The 'Burgh Age: 19
Posts: 3,555
| | http://vgchartz.com/hwcomps.php?cons...3=All&weekly=1
That chart explains why the 360 had to drop its price...Sales have been very stagnant over the past few weeks and that's not really good heading into this years holiday season. On top of that, the PS3 just dropped its price so I think they are trying to compete better, considering the PS3 has been outselling the 360 over the past couple weeks. The PS3 on the other hand lowered the price to help phase out the 60gb version.
It's pretty obvious that Microsoft is losing money on every console is made, so I think this is a very shocking move. I'm just interested to know how much money MS is willing to lose on this console. They just lost over a billion dollars on the system having to upgrade all the warranties, not to mention all the money they lose when they have to ship people new consoles when they break, and now this. It's just funny that everyone laughed that Sony was losing so much money making the PS3, and now MS has lost TONS more than Sony has on their system. I doubt MS will every make a profit on this console.
Last edited by Dan G; 08-07-2007 at 10:23 PM..
|
08-07-2007, 10:24 PM
|  | BMW Sauber F1 | | Join Date: Jun 2001 Location: My Room Age: 19
Posts: 2,037
| | Quote:
Originally Posted by Dan G  http://vgchartz.com/hwcomps.php?cons...3=All&weekly=1
That chart explains why the 360 had to drop its price...Sales have been very stagnant over the past few weeks and that's not really good heading into this years holiday season. On top of that, the PS3 just dropped its price so I think they are trying to compete better, considering the PS3 has been outselling the 360 over the past couple weeks.
It's pretty obvious that Microsoft is losing money on every console is made, so I think this is a very shocking move. I'm just interested to know how much money MS is willing to lose on this console. They just lost over a billion dollars on the system having to upgrade all the warranties, not to mention all the money they lose when they have to ship people new consoles when they break, and now this. It's just funny that everyone laughed that Sony was losing so much money making the PS3, and now MS has lost TONS more than Sony has on their system. I doubt MS will every make a profit on this console. | No, they dropped their price to compete with PS3's drop and sway more people... a good business move. Also microsoft is now producing a 65nm chip for the 360, thus having more chips per wafer... which means, you guessed it its now cheaper to produce (and uses less power, so it'll run cooler which will result in less red rings of death). Seriously dan... try to not hate on 360 for like 2 hours, and when you do get your facts straight. And in case you haven't noticed 360 generally out sells PS3 except for special occasions (like after a PS3 price drop), which is pretty bad as 360 has been available for a year longer which means even though they've been able to get them more people want 360 then PS3.
__________________
Tokyo Drift: Missing the apex and burning tires one turn at a time. |
08-07-2007, 10:39 PM
| | The Electronics Guru | | Join Date: Jul 2001 Location: Kentwood MI Age: 24
Posts: 2,709
| | Quote:
Originally Posted by Dan G It's just funny that everyone laughed that Sony was losing so much money making the PS3, and now MS has lost TONS more than Sony has on their system. I doubt MS will every make a profit on this console. | Gibberish. |
08-07-2007, 10:54 PM
| | Banned | | Join Date: Jan 2004 Location: The 'Burgh Age: 19
Posts: 3,555
| | Quote: |
According to Microsoft's financial statements, the Xbox division has lost US$6.795 billion since the launch of the original Xbox in 2001. So far the Xbox 360 is losing significantly more money year-on-year then the original machine, as the division has recorded a loss of $3.058 billion since October 2005, the month before the launch of the Xbox 360. Most reasonable estimates based on the available sales data conclude that around 9.5 million Xbox 360 consoles have been sold through to consumers of the 11.6 million Microsoft have shipped, so these losses equate to US$321 lost per Xbox 360 console sold.
| Quote: |
The high manufacturing costs mean that every unit is sold at a loss of approximately $250,[34] contributing to Sony's games division posting an operating loss of ¥232.3 billion (US$1.97 billion) in the fiscal year ending March 2007.
| Not so gibberish now is it? |
08-07-2007, 11:28 PM
|  | We're coming... | | Join Date: Aug 2004 Location: New York City Age: 19
Posts: 3,783
| | | Microsoft doesn't really care...they have billions upon billions more dollars than Sony does...
__________________
"I go out and see a kid grabbing his crotch. Ain't nobody telling them that. Where do they get it from? They watch MTV. I say, 'If you wash up more often, you won't have to grab your crotch.' I'm telling these guys, 'Why you gotta grab your crotch?' Then you see Michael Jackson grabbing his crotch 50 times. What's with him?" - Mr. T |
08-08-2007, 12:21 AM
| | Banned | | Join Date: Jan 2004 Location: The 'Burgh Age: 19
Posts: 3,555
| | Quote:
Originally Posted by Martin Microsoft doesn't really care...they have billions upon billions more dollars than Sony does... | If they don't care about making a profit, why are they making the 360 anyway? Isn't the point of making any product to make a profit? It just seems like MS keeps losing billions and billions of dollars rather than making any kind of profit. So what's the point of even having the X-Box 360?
Last edited by Dan G; 08-08-2007 at 12:38 AM..
|
08-08-2007, 12:47 AM
| | The Electronics Guru | | Join Date: Jul 2001 Location: Kentwood MI Age: 24
Posts: 2,709
| | Quote:
Originally Posted by Dan G Quote: |
According to Microsoft's financial statements, the Xbox division has lost US$6.795 billion since the launch of the original Xbox in 2001. So far the Xbox 360 is losing significantly more money year-on-year then the original machine, as the division has recorded a loss of $3.058 billion since October 2005, the month before the launch of the Xbox 360. Most reasonable estimates based on the available sales data conclude that around 9.5 million Xbox 360 consoles have been sold through to consumers of the 11.6 million Microsoft have shipped, so these losses equate to US$321 lost per Xbox 360 console sold.
| Quote: |
The high manufacturing costs mean that every unit is sold at a loss of approximately $250,[34] contributing to Sony's games division posting an operating loss of ¥232.3 billion (US$1.97 billion) in the fiscal year ending March 2007.
| Not so gibberish now is it? | Only if you incorrectly read the information. The $250 loss per PS3 is the difference between revenue per unit and cost to build and deliver each unit. The numbers for the Xbox360 includes the income/loss per unit sold in addition to the development and replacement costs per unit added. The divsion loss for the Xbox360 is over a longer timeframe than the PS3.  |
08-08-2007, 01:18 AM
|  | Zoom zoom..... | | Join Date: Jul 2001 Location: Orlando, Florida Age: 21
Posts: 2,324
| | | I'm going to look at it this way: The 360 didn't have to drop its price to compete with the PS3's launch. They had the console sell without a price drop a year longer than Sony could. They are doing it to compete with Sony's price drop. It's a smart tactic and they waited a year to make more money off of the system. Too bad Sony couldn't think of that...
__________________
Jimmy Neutron's Nicktoon Blast Lab Assistant
Hulk Transformations: 5 |
08-08-2007, 02:16 AM
| | Banned | | Join Date: Jan 2004 Location: The 'Burgh Age: 19
Posts: 3,555
| | | ^ Why do you make it sound as if Sony dropped the price because the consoles weren't selling? The main reason for the price drop, which was reported numerous times, was to help phase out the 60gb model quicker. Ken Kutagari revealed this after the price drop was made. Don't you think that if it was about not being able to sell the consoles, the United States wouldn't have been the only country to get the price drop? Stop making it sound like it was a desperation move or something, because it obviously wasn't. |
08-08-2007, 08:32 AM
| | TV/Event Guide Editor | | Join Date: Jun 2002 Location: Orlando, FL Age: 20
Posts: 9,268
| | | Why did they have to create a new system that offered more if the system was selling so well? If the demand for the console was so great the 60gb version should have sold out without a price drop being necessary. Do you think that if the Wii was coming out with an improved version Nintendo would have to lower prices to clear its stock, no. The basic point I'm trying to make is not to take every thing a company says, especially one that isn't doing great at the moment, as absolute truth.
Also, Microsoft has stated many times that any loss they take from console sales is alright because it strengthens Microsoft's market share in other areas and they still make plenty of money off software for the system.
__________________
TV/Event Guide Editor
|
08-08-2007, 03:20 PM
| | We're coming... | | Join Date: Aug 2004 Location: New York City Age: 19
Posts: 3,783
| | Quote:
Originally Posted by Dan G If they don't care about making a profit, why are they making the 360 anyway? Isn't the point of making any product to make a profit? It just seems like MS keeps losing billions and billions of dollars rather than making any kind of profit. So what's the point of even having the X-Box 360? | To support their gaming community...
At this point, they'd rather please their gamers than make profit (as exhibited in extending the 360's standard warranty to 3 years). The richest company in the World doesn't need to make profit in a tiny amount of ten million consoles compared to the number of computers their (sh!tty) operating systems are on.
__________________
"I go out and see a kid grabbing his crotch. Ain't nobody telling them that. Where do they get it from? They watch MTV. I say, 'If you wash up more often, you won't have to grab your crotch.' I'm telling these guys, 'Why you gotta grab your crotch?' Then you see Michael Jackson grabbing his crotch 50 times. What's with him?" - Mr. T | | Thread Tools | | | | Display Modes |  Linear Mode | 
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off | | | | |
