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Xbox Series X and Series S: $499 and $299 - November 10th Launch
- Thread starter iceberg_is_on_fire
- Start date
iceberg_is_on_fire
Wearing Lions gear when it wasn't cool
Because of the current value of money.
Economics.
The future value of today's dollar is more than that same dollar at a point in the future.
I can have $100 today and spend 25 of it and invest the other 75.
Or I could spend the whole 100 today.
With no interest, the 75 I over today will be with more tomorrow and the day after, etc. I can then spend 25 every month until it equals 100 and I end up with more money because of the gains that I get get off of what I invest.
That's a real rough way of explaining it but this is real economic theory.
ItWasWritten
Superstar
Breh... Are we having a grown conversation or not?
Nobody who finances a 300 machine is investing shyt. Give me a break.
The point is...if financing interest isn't an issue, it is better to spend 25$ a month over the course of 4 months instead of $100 all at the same time.
.
Money changes in value over time.
If I said I could give you $10 today, or $10 next year, you'd rather have the money now, because you can do something with it, instead of just waiting for it.
So we'd say that ten dollars today is worth more than ten dollars next week which is worth more than ten dollars next year. That's the basic idea behind interest.
Time value of money is just a way to figure it out quantitatively (using numbers). If ten dollars next year is worth less than ten dollars today, how much less? If I offered you $9 today, or $10 next year, maybe you'd change your mind.
We'd say that the NPV, the *net present value* of $10 next year is whatever amount you'd be willing to trade it for today. If you'd rather have $9.51 today than $10 next year, but you'd rather have $10 next year than $9.49 today, we'd say that the NPV of $10 next year is $9.50.
This is done to help calculate expenses and investments. If I said I would give you $10 today, $11 next month, $13 next year, $20 next decade, or $100 in a century, which would you rather have? Not an easy question, til you calculate the NPV of each.
Money changes in value over time.
If I said I could give you $10 today, or $10 next year, you'd rather have the money now, because you can do something with it, instead of just waiting for it.
So we'd say that ten dollars today is worth more than ten dollars next week which is worth more than ten dollars next year. That's the basic idea behind interest.
Time value of money is just a way to figure it out quantitatively (using numbers). If ten dollars next year is worth less than ten dollars today, how much less? If I offered you $9 today, or $10 next year, maybe you'd change your mind.
We'd say that the NPV, the *net present value* of $10 next year is whatever amount you'd be willing to trade it for today. If you'd rather have $9.51 today than $10 next year, but you'd rather have $10 next year than $9.49 today, we'd say that the NPV of $10 next year is $9.50.
This is done to help calculate expenses and investments. If I said I would give you $10 today, $11 next month, $13 next year, $20 next decade, or $100 in a century, which would you rather have? Not an easy question, til you calculate the NPV of each.
For a save conscious person, who is reliable, this finance option is a very good deal.
I bet Xbox is willing to go to 200-250 if needed. It’s the only way they can compete or attempt to compete with sales volume.
Somy hasn’t stopped the PS4 production as well. Unless they know Sony will continue PS4 production unless 2022 and sell next gen for more than expected.
Somy hasn’t stopped the PS4 production as well. Unless they know Sony will continue PS4 production unless 2022 and sell next gen for more than expected.
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cdn prices Xbox Series X: $599.99 (ERP) Xbox Series S: $379.99 (ERP)
380 for a brand new system is an excellent price
i think i paid 750 for a ps3
380 for a brand new system is an excellent price
i think i paid 750 for a ps3
Gizmo_Duck
blathering blatherskite!
Enjoy your last gen games on sub 4k system
iceberg_is_on_fire
Wearing Lions gear when it wasn't cool
ItWasWritten
Superstar
STOP.
You think everybody who finances this thing has this theory in their head ? NO. They are goign to fukk off any money they would be "saving" or "investing" or "valuing" and spend on accessories, games or some other nonsense.
The less fortunate finance cheaper items, the person who takes this deal isn't going to be in most cases the one financilly responsible, it'll be the person whose been on unemployment for 3 months.
No, not everybody, breh.
In order for your troll to work, you are trying to make it seem as if I'm making a statement about the consumer.
Breh, you're a goofy for that.
I'm saying, the finance plan that MSFT is doing is consumer friendly, no matter how you look at it.
I'm getting an Series X day one for myself. I'm also getting a Series S for my Oldest son with this deal. It's perfect for me.
ItWasWritten
Superstar
ItWasWritten
Superstar
I was never trolling I was being serious.
I'm not going into debt for 300-500 purchase.
because kids want the new shyt for Christmas