Xbox 360 Price to Be Close to $300

[Shadow20002]

Microsoft's J Allard has given an interview with TheStreet.com, and finally revealed the price of the XBox 360 - it will be "in the neighbourhood" of $300. Recent rumours also had a similar number for the Playstation 3's price.

In the interview, Allard answered questions about when the new console would be released ("when it's done"), and admitted that some XBox 360 demos shown at E3 were running on emulators on Apple G5's.

He also attempted to let some of the air out of Sony's tires by dismissing the impressive PS3 tech demos, saying they weren't running on real hardware:

“I don't worry about great visuals that they showed that weren't actually running on real hardware. It doesn't matter. Gamers don't make their purchase decisions based on movies that were shown in May for products that come out in March. They just don't.

Source@

[Hangnail]

I had a feeling they wouldn't go over $400. So that means the 360 and the PS3 will be selling at about the same price...

[Yannie Boy]

I find that way to funny.....sony admiting what thier promoteing isn't actually true

[Bakeman]

this whole in the neighborhood of 300 has been said by many people from MS .. and then there was the news about MS subsidizing $75 per Xbox ... which was speculated to allow them to sell it "in the neighborhood of $300"