So it’s not surprising to read that Microsoft’s Stephen McGill told VideoGamer.com the price cuts are done, finished, fini, and that the company is “not dropping the price for many many years in the future.” While McGill would technically be speaking on behalf of the UK market, Microsoft has tended to structure the 360’s pricing internationally, so it’s likely his statement applies universally.
According to McGill:
I’m not going to speculate where it might go (the price of the Xbox 360) in five or ten years time, whatever. But we’ve obviously just reduced the price and that’s because we can pass the costs reductions we have straight on to consumers.
…a lot of people have been waiting for it to become even more affordable and they’re now seeing that benefit and buying it in their droves and we can now hopefully continue it through Christmas and beyond.”