Microsoft Responds to XBOX 360 Price Cut Rumors

In the end, it’s all up to Microsoft to decide cut-or-no-cut. At the recent X06 event in Spain, Microsoft’s Peter Moore responded to the question of pending price drops with a succinct “Certainly not.” Microsoft’s explanation is that it still believes that the XBOX 360 offers great value to the consumer, which likely means that it is perfectly happy to sit right between Wii and PlayStation 3.

Good news: The above is true. Bad news: No price cut even still. This holiday season though, it will be either Wii or X360 at your disposal, or the still popular PS2 and Xbox. If only there would be a few more totally kick ass games released for the 360, then it would be an even easier sell.