With leading a combative charge into this week's E3 expo by announcing a 100 USD price cut for the 60gb edition PlayStation 3 in North America (taking it to 499 USD), analysts and watchers are already beginning to speculate that will soon respond with a price cut of their own for the 360.

Putting on your sagely doubting "Conjecture Hats" for a moment then, we can report, via GameSpot, that Wedbush Morgan's is advising that he predicts an Elite model 360 cut from 479 USD to 399 USD, with the Pro and Core packs both losing 50 USD each to 349 USD and 249 USD. He even thinks Microsoft will announce their own cuts as soon as their Tuesday night pre-E3 press conference.

Colin Sebastian of Lazard Capital also believes Microsoft will shave the price of the Xbox 360, but believes the firm won't be compelled to act immediately, instead predicting a cut this summer of the order of 50 USD - impacting one or all of the models being sold. Oppenheimer's Shawn Milne likewise expects a cut this year, before 3, in the region of 50 USD.

Looking at the Xbox-PS2 tussle of yesteryear meanwhile, Nollenberger Capital's Todd Greenwald believes a price cut might follow soon, in the region of 100 USD - but that this will be driven by Microsoft's time in the marketplace, rather than Sony's recent move. More on all this soon.

By Luke Guttridge

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  1. Jason Unregistered 2 years ago

    Oooo. A quick price cut would really hack Sony off. We're in for an interesting E3 if that chap is right.

  2. JOE BOB Unregistered 2 years ago

    I think they should cut the prices just like that as soon as possible.

  3. booby forjklj Unregistered 2 years ago

    I think a price cut of $100 on all 3 modles would all but dystroy the ps3. The PS3 would not sell at all and be forced to take a nother price cut.

  4. noone Unregistered 2 years ago

    i agree with booby forjklj

  5. icup Unregistered 2 years ago

    My original xbox is fried and I want to know if I should buy a 360 and a game and be totaly broke or buy a refurbished(or used) original xbox and still have money. I wouldnt evan consider a PS3, Numanthia. What should I do?

  6. icup Unregistered 2 years ago

    Buy the way im only 14 so i relly dont have anything better to spend my money on.

  7. Luke Unregistered 2 years ago

    Go on Microsoft, you know you want to.

  8. Luke 2 years ago Staff

    So, what would be your next move if you were Microsoft, folks?

  9. Luke Unregistered 2 years ago

    Oh, I don't know....