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Coming soon: Video game price cuts | |
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||
| Time: 11:35 EST/16:35 GMT | News Source: CNN | Posted By: Robert Stein | ||
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Microsoft (MSFT: Research, Estimates), Sony (SNE: Research, Estimates) and Nintendo, naturally, aren't saying. CEOs of major game publishing companies dropped a few hints, though, at UBS Warburg's 30th Annual Media Week Conference. The consensus seems to be that we can expect another round of cuts before mid-year, most likely right around the same time as the Electronic Entertainment Expo, the gaming industry's annual trade show. Most execs are predicting another $50 reduction, taking the Xbox and PS2 to $149 and the GameCube to $99. While unlikely, they acknowledge it's not inconceivable that PS2 and Xbox prices could fall to $99 (and, by default, the GameCube would slip to $50). | ||
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