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Microsoft plans to offer $99 Xbox 360 bundle - with 2-year contract

submitted on May 3, 2012 by HouTex in "Products / Gadgets"
This new plan makes buying a home video game console seem more like buying a cell phone, low cost up front and monthly subscription fees that can be well over $450 per year.
Microsoft is planning to offer a subsidized, $99 bundle including a 4GB Xbox 360 and Kinect sensor to anyone who commits to two years of a new, $15 monthly online service package.

According to a report from The Verge, which cites unnamed sources, the new subsidized bundle will be available "as early as next week" in Microsoft's retail stores. The $15 monthly subscription would reportedly include all the online game play features of a current Xbox Live Gold subscription, alongside unspecified additional content from cable or live sports video providers.

The total two-year cost for the subsidized bundle as described comes in at $459, compared to the $418 Microsoft currently charges for a 4GB Xbox 360 and Kinect bundle ($299) and two years of Xbox Live Gold ($59/year). Whether that extra cost would be worthwhile depends largely on the precise features Microsoft offers for the new monthly subscribers, and how comfortable consumers are with being essentially locked to their game system for a two-year period (Microsoft would reportedly mimic cell phone providers in charging an early termination fee to those who decide to drop out before the term is up).



Note the fine print at the bottom!

http://www.cnn.com/2012/05/03/.....index.html
           

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