Microsoft Xbox 360 gaming console’s price is likely to be reduced, according to experts.


Microsoft To Reduce Xbox 360 Price?
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Microsoft Xbox 360 gaming console’s price is likely to be reduced, according to experts. Gaming industry analyst Michael Pachter is reported to have speculated the price reduction as the company has not slashed the price for a long time now.
 
The Xbox 360 gaming console’s price may be slashed down in this summer. The announcement of price reduction plans may be made at E3 scheduled in June this year in Los Angeles.
 
“We believe that Microsoft is in the driver's seat on pricing, and believe that the company may consider a price cut for the core console plus Kinect to under $300 (£185) in June,” Pachter was quoted as saying.
 
The move could come amidst of slew of launches by other biggies in the gaming industry. Microsoft Xbox 360’s major rivals include Sony PlayStation and Nintendo’s gaming consoles.
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