Michael Pachter predicts price cuts for the 250 GB model of Xbox 360 in 2011

“I do not expect cuts until next year, but I think the price of the new Arcade SKU is a sign of reducing.”

The always controversial Michael Pachter has been the new fortune teller when it comes to the Xbox  and has announced a price cut for the new model of the Xbox 360, the 250 GB, for the forthcoming 2011.

“The new arcade SKU is very attractive at $ 199, and suggests that the $ 299 model is generating good sales, giving Microsoft the room to cut the price of more expensive SKUs,” said Pachter ComputerandVideogames the British portal. “I do not expect cuts until next year, but I think the price of the new Arcade SKU is a sign of the reduction”

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