Microsoft have announced that they are slashing the price of Xbox in America and Japan.
The console will be cut by 33% in America to $199 (about Â£135), matching Sony's PS2 which received a price cut yesterday. Japanese gamers will be able to get their Xbox's for just under 30% less, at the new price of 24,800 yen ($193).
Microsoft were planning to announce the price cut next week at the E3 Expo in Los Angeles, however after Sony's move yesterday to cut the PS2 from $299 to $199, Microsoft followed suit, doing exactly the same with their machine.
The price cut takes effect immediately in America, and on May 22nd in Japan. Will a price cut for Nintendo's Gamecube follow in America?
News source: GamesPaper News