Microsoft Confirms HD DVD Price Cut To $49.99

Boston (dbTechno) - Microsoft has confirmed that they are dropping the price of the external HD DVD player for the Xbox 360 from $129.99 to $49.99. This comes just two days after Microsoft confirmed that they would no longer produce the HD DVD player.

Bloomberg is reporting that a Microsoft spokesman has told them that the price point of the external HD DVD player for the Xbox 360 will drop to $49.99.

The reports state that the price cut of the external HD DVD player for the Xbox 360 will go into effect as of tomorrow.

Amazon still has the player listed at $129.99, but this is likely going to be changed in the next 24 hours.

Microsoft is trying to get rid of whatever stock they have left with the Xbox 360 HD DVD players.

Rumors persist that Microsoft is getting an external Blu-ray player ready to release on the Xbox 360 this coming May, now that the Blu-ray format has won the high-def format war.