Pachter Predicts Xbox 360 Price Cut In U.S., Cheaper Than Wii!

Boston (dbTechno) - Gaming analysts are the latest people to grab hold of the rumored price cut on the Xbox 360 consoles by Microsoft. Analyst Michael Pachter has made his voice heard, predicting a big price cut for the Xbox 360 in  the U.S.

This comes on the heels of similar fashioned price cuts in Japan and Australia, but so far the only basis for such rumors in the United States have been blurry internet photos of unreleased promotion fliers.

The analysts point to the decrease in demand for a new Xbox 360, as well as cutting the price to juice up the holiday season shopping guide.

Analyst Michael Pachter states “we may see additional price cuts for this system before the holidays (we note recent speculation of Xbox 360 price cuts on September 7, with the Arcade going to $199 from $279, the Pro going to $299 from $349, and the Elite going to $399 from $449.”

Another date looked to as a possible cost cutting day has been September 11.