Tuesday, March 13, 2007 at 2:03 PM PT

Microsoft Declines Comment on Rumor of 360 Price Drop in May

By Blake Snow |

Rumors of a soon-to-be released black and enhanced Xbox 360 Premium (code name Zephyr) just won’t go away. According to sources from German gaming site Xbox-Archiv, Microsoft will cancel the $299 Xbox 360 Core model, reduce the price of its current 20 GB Premium model to $299 (Euros), and release the new black Zephyr this May for around $400. The newly rumored machine sports a 120 GB hard drive and HDMI. Keep in mind all of Xbox 1’s price drops occurred in the spring, with two out of three in the middle of May.

Word broke last December suggesting that Microsoft was finally turning a profit on each 360 sold outside of overhead costs, so it’s plausible this could happen two months from now. If a reality, this would put even more pressure on the already struggling $500-600 PS3, not to mention the $250 Wii. Looks like Microsoft is in prime position to lead the aggressive pricing party. Rather than deny the rumor outright, Microsoft PR rep Arne Meyer declined comment when contacted by GigaGamez, saying “Microsoft does not comment on rumor or speculation.”

 

Comments and Trackbacks

  1. I was thinking of buying a Xbox360 but I think I’ll wait a bit more in light of this information.

    kamy on March 14th, 2007 at 7:31 am - Permalink
  2. [...] whole scoop, and summary: According to sources from German gaming site Xbox-Archiv, Microsoft will cancel the [...]

  3. [...] GigaGamez: Microsoft to cut prices on XBox 360? [...]

    GigaOM » What’s on GigaNET on March 14th, 2007 at 10:27 am - Permalink
  4. Good stuff.. Usually when MS says “We don’t respond to rumors” it usually ends up being true.

    DeadPlasmaCell on March 14th, 2007 at 10:47 am - Permalink
  5. [...] 14th, 2007 Microsoft Declines Comment on Rumor of 360 Price Drop in May Posted by siddman Filed in [...]

    Rumor, 360 Price Drop in May « Sidd Vicious on March 14th, 2007 at 11:05 am - Permalink
  6. I own a Wii and planned on getting a 360, mainly because of the online experience but this is going to make me wait. I don’t have an HDTV yet….but why not have the HDMI from now for when I eventually get one?

    I foresee a VERY hard battle ahead for Sony. Nintendo already makes money on the Wii and with its success, reducing the price by $50 - $75 should be more than possible, along with lower DS Lite prices as well, spurring even more purchases of their equipment. This war is between Sony and MS and interestingly enough, I think most people are rooting for MS!

    David Mullings on March 14th, 2007 at 11:57 am - Permalink
  7. Thanks for the info, I was planning on buying one for the break room at my business. I think I may wait a little longer

    Sincerly,
    Jay Patterson
    American Auto Consultants

    Jay Patterson on March 14th, 2007 at 12:04 pm - Permalink
  8. Very interesting speculation. I am never an early adopter, as I let others be “beta” guinea pigs and wait for price drops. With that in mind, my HD tv has been begging me for more real HD content.

    newhoosier on March 14th, 2007 at 12:19 pm - Permalink
  9. [...] read more | digg story [...]

  10. [...] GB Premium model to $299 (Euros), and release the new black Zephyr this May for around $400…read more | digg [...]

  11. This rummor has been around for months, I think it maybe getting closer. There seems to be a group of current owners that are complaining becuase the co-rummor is no HDMI upgrade for current owners. I believe that Sony thinks it is going to happen which is why they are working on lowering thier production costs.

    David Miller on March 14th, 2007 at 2:48 pm - Permalink
  12. [...] Microsoft Declines Comment on Rumor of 360 Price Drop in May [image]Rumors of a soon-to-be released black and enhanced Xbox 360 Premium (code name Zephyr) just won’t go away. […] [...]

    Top Posts « WordPress.com on March 14th, 2007 at 3:58 pm - Permalink
  13. It’s just a matter of time before it drops in price, I think it will be worth waiting for it to do so.

    sketching on March 14th, 2007 at 10:45 pm - Permalink
  14. [...] GB Premium model to $299 (Euros), and release the new black Zephyr this May for around $400…read more | digg story This entry was posted on Thursday, March 15th, 2007 at 1:18 am and is filed under [...]

  15. This would just continue the trend of Xbox 360 smoking PS3.

    But, what would I do with my old 360? I have to have the latest and greatest!

    Matt on March 15th, 2007 at 4:11 pm - Permalink
  16. [...] Microsoft Declines Comment on Rumor of 360 Price Drop in May [...]

  17. [...] info coming after teh jump. Filed: Xbox 360 « Super Mario Galaxy looks [...]

  18. [...] Microsoft denies rumors about a new XBox 360. [...]

  19. [...] and retail for approximately $479. Black accessories will also be made available upon release. Just last week, Microsoft declined GigaGamez’s request for comment on the rumored [...]

  20. [...] Xbox 360 Elite To Be Released April 29 For $480 By Blake Snow | After months of disavowing rumors that a souped-up Xbox 360 was on its way, Microsoft officially unveiled what was already confirmed [...]

  21. [...] May? Microsoft Declines Comment on Rumor Filed under: Uncategorized — recar @ 2:04 pm (360 Price Drop in May? Microsoft Declines Comment on Rumor According to sources from German gaming site Xbox-Archiv, Microsoft will cancel the $299 Xbox 360 [...]

  22. The site looks great ! Thanks for all your help ( past, present and future !)

    morganusvitus on April 4th, 2007 at 7:10 am - Permalink
  23. hi nice site.

    alex on April 11th, 2007 at 9:02 pm - Permalink
  24. [...] GB Premium model to $299 (Euros), and release the new black Zephyr this May for around $400…read more | digg [...]

  25. People will still buy XBOX can we say Xbox elite noir.
    http://www.amnipata.com

    AmniPata on October 17th, 2007 at 7:24 pm - Permalink
  26. [...] read more | digg story [...]

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