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Nintendo may cut GameCube's price

Video game publisher and console maker Nintendo may cut the price of its new GameCube console later this year, depending on a similar price cut from Sony for its PlayStation 2, a company executive said Monday.

A GameCube cut is contingent on the size of Sony's price cut from its current price of $299, said George Harrison, Nintendo's vice president of marketing.

"We haven't made a decision on (a price cut)," Harrison said. "Sony's expected to make the first move and then we'll see where we stand." He implied that the deeper price cut, to $199, would make a GameCube cut more likely.

The GameCube currently retails nationally for $199.95.

Despite frequent denials that it has any plans on any price cut, Sony has been widely expected to cut the PS2's price this year, presumably at the industry's Electronic Entertainment Expo in May.

News source: Cnet

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