Microsoft strongly considering a Xbox 360 price drop?

During a strategic update yesterday, Microsoft CEO Steve Ballmer commented on on the likelihood of a 360 price cut. "I think every console in the world has had a price decrease sometime in the first few years. I don't know whether we'll have a price decrease in the first few years, and I don't want to comment on that, but I will highlight for you that every console has had a price decrease in the first few years," he said.

Vague, obvious, and emphatic all bundled into one. The vague and obvious part is expected, but the double emphasis part has us wondering if the company isn't strongly considering a price cut now. History tells us that spring is the most popular time to drop a console's price, but has the 360 already plateaued at its current $300-400 MSRP? Collectively answer that, and you'll have a good idea how soon Microsoft will drop its price.

This article was originally published on Joystiq.