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Xbox 360 (Xbox 360)
at 5:37AM PST on July 19, 2007.
yeah it looks like people are buying on the price drop rumor. For those of you who are, this doesn't make any sense. Price drops are priced into the stock price. Even a 4000 DKP stock price is looking at something where the 360 ends up being <$150.
There's very little chance the Xbox 360 will be able to sell even 40-50 million units worldwide. It's almost 2 years after launch and they couldn't even meet their cut down target of 12 million units.
There's at most 3 more years to this console, the last of those 3 years will be in decline. There is no demand for the 360 outside North America and there likely never will be. Thinking this should be trading at the same level as the PS3 over lifetime is absurd. Right now Xbox 360 stock is priced higher than PS3!
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