MICROSOFT: NO 360 PRICE DROP THIS HOLIDAY

Next Generation is reporting that Microsoft responded to the rampant rumors of a holiday price cut on the Xbox 360 with the following statement;

“We have no plans to make any price adjustment. Xbox 360 is a great value proposition.” -Microsoft Spokesperson

While I’m certain everyone would welcome a price drop on the 360, the response from Microsoft while short, is a step above the usual “we don’t comment on rumors and speculation” they usually give out. I’d be willing to believe Microsoft may have been contemplating a price cut prior to E3, but after the Sony price announcement Microsoft really doesn’t need to make any moves. They’ve got a nice head start, they’re still losing money on the hardware, they’re competitively priced and most importantly, they’ve got Gears of War riding into the holidays. What more could you ask for?

Click here to head over to the Next Generation tidbit and here to head over to the official Gears of War site. Can you tell I’m psyched about letting Marcus Fenix loose on my 360?