To accommodate the Core i7 990X, the 980X must drop in price. However, this price drop hasnt really shown in e-tail, yet, but the price is expected to stabilize at around $900-$950. It is the Core i7 970 which undergoes a massive cut from $880 to $583, making Intel six-core CPUs that much more affordable. (relatively)
The 3.2 GHz Core i7 960, which is a quad-core CPU, drops from $583 to a much more affordable $294. Of course, it is no match for the similarly priced Core i7 2600, except you cant really get a motherboard to use it with.
The 990X and these price updates are likely to be the last hurrah for the extremely successful Nehalem generation, with the Sandy Bridge E processors incoming, replacing the LGA1366 platform with LGA2011.
Source: Intel
Below is the bulk pricing not retail price, just to serve as a reference.
Processors ModelSpecsOld PriceNew Price% ChangeCore i7-990X Extreme Edition3.46GHz, 6C/12T, 12M Cache, LGA1366-$990-Core i7-980X Extreme Edition3.33GHz, 6C/12T, 12M Cache, LGA1366$990$990-Core i7-9753.33GHz, 4C/8T, 8M Cache, LGA1366$990$990-Core i7-9703.2GHz, 6C/12T, 12M Cache, LGA1366$845$555(34%)Core i7-2600K3.4GHz, 4C/8T, 8M Cache, LGA1155$305$305-Core i7-26003.4GHz, 4C/8T, 8M Cache, LGA1155$285$285-Core i7-9603.2GHz, 4C/8T, 8M Cache, LGA1366$555$285(49%)Core i7-9503.06GHz, 4C/8T, 8M Cache, LGA1366$285$285-Core i7-9302.80GHz, 4C/8T, 8M Cache, LGA1366$285$285-
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