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  Microsoft Slashes European Xbox Prices. U.S. Next?
Time: 00:10 EST/05:10 GMT | News Source: Microsoft Press Release | Posted By: Robert Stein

Microsoft Corp. on Thursday slashed the price of its Xbox (news - web sites) video game console in Europe and Australia and sharply pared its forecast for early sales of the machine, conceding it has struggled after a high-voltage launch.

U.S. game publishers cheered the European price cut, and analysts said it was evidence that Microsoft would likely cut the price of the Xbox in the United States later this year in order to gain ground on archrival and market-leader Sony Corp (news - web sites).

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#1 By 3 (62.253.128.4) at 4/19/2002 2:24:53 AM
I'm not sure I get it - you do know that Europeans were paying $$$ more than US people paid?

#2 By 665 (64.126.91.172) at 4/19/2002 8:15:42 AM
I think the problem with the US is they probably won't drop the price more than $50, while in Europe they dropped it what, 40%(?). I don't think we will get a very big price drop in the US, but I'm happy with whatever price drop we get, because I haven't gotten mine yet :)

#3 By 3 (62.253.128.4) at 4/19/2002 11:18:14 AM
I'd agree if they had dropped the price within 3-4 weeks of the launch - but the console has been out 6 months in the US - thats about the time some console prices go down, some no all - so why "free" gifts for that?

#4 By 665 (64.126.91.172) at 4/19/2002 8:50:03 PM
#10, that was the cut in GB, the cut in Europe was just under 40%.

This post was edited by ToddAW on Friday, April 19, 2002 at 20:50.

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