Microsoft Xbox 360 Responds to PS3 Console Price Cut with Its Own $100 Reduction

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Competitive Update:	Microsoft Xbox 360 Responds to PS3 Console Price Cut with Its Own $100 Reduction
Report Date:	August 27, 2009
Analyst:	McGregor, Bruce
Service:	Consumer Devices
Market:	Service Attached Devices
Current Perspective:
Summary:	Microsoft readies for the holiday season and upcoming Xbox LIVE upgrades with a $100 price cut on the Xbox 360 Elite console. This comes at no surprise since a week earlier Sony made a $100 price cut on its PS3 video game console.

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