Microsoft trims Xbox price
C|Net | at | by Mike
Microsoft fired the second shot in the video game industry's growing price war, dropping its Xbox system from $299 to $199 in the United States, effective Wednesday. The cut follows by one day rival Sony's decision to make an identical cut in the North American price of its PlayStation 2. The move leaves all the major game consoles--PS2, Xbox and Nintendo's GameCube--at $199. Nintendo said Tuesday it has no plans to lower the GameCube's price. Microsoft said it would also make a similar cut in the Xbox price for Japan, where the console has met with a tepid reception. The machine will sell for about $193 (24,800 yen), down from the current $270.