From USA Today:
Read the whole article <a href="http://usatoday.com/life/cyber/tech/2002/05/15/microsoft-xbox.htm" target="_blank">here</a>.
Quote:
| Microsoft said Wednesday it was slashing the price of its Xbox game console by a third in the U.S. and Canada and by 29% in Japan as a price war between console makers heats up. The discount, which Reuters reported earlier on Wednesday, had been expected and is the latest salvo in the battle of the $20 billion video game market. In a related cost-saving move, Microsoft said it will shift Xbox production near Hong Kong from Hungary by July or August. It will maintain a facility in Gudalajara, Mexico. The Xbox price cut, to $199 from $299 in the United States immediately and to $193.12 from $271 in Japan effective May 22, comes two days after Sony Corp. said it would cut the U.S. price of its market-leading PlayStation 2, which came out a year before Xbox, to $199. |
