For those of you wondering if the Xbox 360 will have a price drop coming down the pipeline, our good friend Steve Ballmer has some words of wisdom. "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."

Perfect, that answers everything. So, basically if history has a tendency to repeat itself, we'll see a price drop. Understandably, Ballmer doesn't want to flat out say what the plans for the Xbox 360 are, as the Entertainment and Devices Division is determined to be profitable in 2008's fiscal year. Still as production costs decrease over time, Microsoft may find an opportunity to drop the price without breaking the bank, or the aforementioned goal. So, a price drop will happen, and it's just a matter of when. Our question for you is will it be before or Halo 3 ships?

[Via Joystiq]