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  Xbox faces price cuts in US
Time: 14:31 EST/19:31 GMT | News Source: the inquirer | Posted By: Todd Richardson

Hot on the tail of the news that Microsoft is cutting the price of the Xbox in Europe, analysts are doom-saying for the US price. According to Reuters, the big prediction is that the Vole will be forced to cut the Xbox down to $149. You might think that could cause a spike in sales of the Xbox over the PS2 but those same analysts reckon that Sony would simultaneously cut the price of its console. Sony has much more room to spare revenue wise, the PS2 is much cheaper to make.

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