No Xbox 360 price cuts, just false alarm

I hope that you’re not too exited with last week news of Xbox 360 price cuts, because Microsoft says it’s just a false alarm. David Hufford, a director of Xbox product management who was interviewed by bloomberg and ( we think ) signaling of xbox 360 price drop, denied the good news.
Hufford concluded, “With Xbox 360s selling well at their current price point, Elites selling out at $479, and an insanely great portfolio of games in the market, there’s no reason to announce any kind of price drop anytime soon.”
“Some are getting really spun up about the Bloomberg story and inaccurately reading tea leaves that don’t exist”, he states. “I spoke to Bloomberg nearly two months ago and we were talking about NPD data that had just been released, and chatting generally about price points of consoles in the market.”
“The comment, which is accurately reported, unfortunately has now been taken way out of context and being reported as if I am signalling a price drop. I was not, I am not.”
I think I better buy myself Nintendo Wii then..”
[ source ]
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