Xbox 360 set to cost around $300; final pricing decision wit

Microsoft corporate vice president J Allard has confirmed that the Xbox 360 will be priced "in the neighbourhood" of $300, which was the initial launch price of the Xbox, with a final decision on price to be made in about two months.

Speaking to TheStreet.com, Allard said that he was "not sure" about the final price point, with a decision on pricing still "probably about two months away" - but confirmed that the price would "be in the neighbourhood" of the $300 price tag of Xbox at launch.

Current speculation regarding Sony"s price point for PlayStation 3, meanwhile, suggests that it will arrive at under 40,000 Yen - pointing to a figure which matches the PlayStation 2 and PlayStation"s launch prices of 39,800 Yen (294 Euro).

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News source: gamesindustry.biz

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