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  Will Microsoft cut Xbox price?
Time: 10:58 EST/15:58 GMT | News Source: Reuters | Posted By: Robert Stein

Microsoft plans to drop the price of its Xbox video game system by $30 to $149 next month, according to published reports. Citing people familiar with the company's plans, The Wall Street Journal reported Friday that Microsoft may also start selling a limited-edition Xbox packaged with its "Halo" shooting game, for $169. Publishers and retailers have clamored for a price cut for the Xbox and Sony's rival PlayStation 2 this year, to either $149 or $129. Reuters has cited senior industry executives saying they expect price cuts by May.

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