Intel almost halves prices for Core i7-950

This is good news for a variety of reasons.  Price drops usually indicate that new technology is coming or shows that a certain processor segment is overpriced and needs a little "hurry along" 

Digitimes reports that the drop is likely in response to the recent price cuts of the Quad Core Athlon however we'd like to think it has something to do with Sandy Bridge

Intel recently dropped the price of its quad-core Core i7-950 processors to US$294 from US$562 to defend from AMD's recent price cuts for its quad-core Athlon II X4 640 CPU from US$122 to US$99, according to sources from motherboard makers.

In addition to the price cut, Intel also recently released Core i3-560, Pentium E6800 and Celeron E3500 processors with prices at US$138, US$86 and US$53, respectively, the sources noted. All the prices are in thousand-unit tray quantities.

If you are in the market, this would be the leading indicator saying to start buying.  (Provided you have funds to cover your purchase, don't go selling the farm just to own a i7-950, leave that trash to apple users.)

Related Web URL: http://www.digitimes.com/news/a20100831PD202.html