David Hufford sent fellow Microsofter John Porcaro an email today to try and clear up the whole "the Xbox 360 price is dropping", "the Xbox 360 price is dropping" fever that seems to be hitting a crescendo.

In it he writes that the interview with Bloomberg was done quite awhile back and then complains about the picture we used of him in our post.

"Some are getting really spun up about the Bloomberg story and inaccurately reading tea leaves that don't exist. I spoke to Bloomberg nearly two months ago and we were talking about NPD data that had just been released, and chatting generally about price points of consoles in the market. The comment, which is accurately reported, unfortunately has now been taken way out of context and being reported as if I am signaling a price drop. I was not, I am not.

With Xbox 360s selling well at their current price point, Elites selling out at $479, and an insanely great portfolio of games in the market, there's no reason to announce any kind of price drop anytime soon.

BTW, what's up with the picture in Kotaku? What was I, like 12? Huff."

Keep in mind that just because he wasn't "signaling a price drop" it doesn't mean one isn't coming. That's the sort of thing you don't really announce ahead of time, lest you kill of sales of the system at the current price. Brian Crecente

No Xbox 360 Price Drops Announced [Gamerscoreblog]