Microsoft May Lower Xbox 360 Prices, Revise Hardware

Chief Financial Officer Chris Liddell said on Thursday that Microsoft aims to ship a total of 12 million of its game consoles by June 30 of this, the end of its fiscal year. This is down from a previous 13 to 15 million units target, but some industry observers feel the Redmond, Wash.-based firm is winding down inventories for an upcoming price cut.
"We assume roughly a $100 price cut with the premium unit selling for $299 versus $399 previously," said Rick Sherlund, research analyst for Goldman Sachs.
Citigroup's Brent Thill believes...
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