Shelly Palmer Radio Report – May 9, 2012

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Microsoft confirmed that there will be a $99 xbox.  It’s the 4GB model and they will be selling them at 16 of the 21 Microsoft retail stores.  What’s the catch.  Actually, there are several.  First, you will have to agree to a two year $15 per month contract, bringing the price of a normally $299 4GB Xbox 360 up to $459.  If you were to purchase all of the gear up front and take Microsoft’s discounted Xbox Live account plan, you would save $110.  So, no, the $99 Xbox is not a good deal.  Can I think of any reason to put $99 down and commit to two years of $15 dollar per month payments for a 4GB Xbox 360?  No.  And neither won’t be able to think of a reason either.  Oh, and by the way, almost everyone expects Microsoft to announce a new Xbox in 2013 which you would not be eligible to get.  Did I mention that this is a bad idea? Visit shellypalmer.com to learn more about the $99 Xbox 360.

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).

  • Hollywood5459

    Would you ever spend $25 per week adding up to 3 times the value and then have a used product after 2 years for a TV ? No? Well, there is a big market for those rent to own market, those who are scraping the bottom of the barrel to live and can’t balance a check book. Immediate gratification can’t come soon enough and we are being controlled to add to our addiction to it. (See your own video about kiddy on line games, addicts in training.) It is usury by another name. Put this into those stacks of reasons why courses in money and money management should be mandatory, age appropriate, K-12.