It's certainly nothing to brag about. Its basically any companies last resort to stay competitive in the market, and price drops have never proven to significantly alter the outcome of a console war, just add a temporary spike in sales.
Look at PS3 on Amazon for instance, which was number 1 for about a week and now has fallen by the wayside as the Wii is number 1 again.... depsite being sold out.
Significant price drops show that a product is doing very poorly on the market and come off as an act of desperation to consumers.
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