$199 apiece - PS2 cut triggers early Xbox price drop in US

Zardon · May 15, 2002, 06:23 PM

Sony seems to have successfully rained on Microsoft's parade. Rumours of a $100 price cut on Xbox in the US have been rife for weeks, and Microsoft was strongly tipped to make the announcement at the Electronic Entertainment Expo next wee.k But a pre-emptive strike by Sony, taking the PS2 down to $199, means Xbox is priced at $199, effective immediately.

Microsoft says it still expects to sell 3.5-4 million Xbox units by the end of June, which suggests the cut is more defensive than aggressive. It is also planning cost-related adjustments to Xbox manufacturing; production at the Flextronics plant in Hungary is to be run down, with a South China plant taking over, and Microsoft is looking for a second, non-Flextronics plant in Asia

by John Lettice

Ijustwannaknow · May 16, 2002, 05:11 AM

i still wont buy one.....

May 15, 2002, 06:23 PM	#1
Zardon DriverHeaven Founder Join Date: May 2002 Posts: 32,480 Rep Power: 179	$199 apiece - PS2 cut triggers early Xbox price drop in US Sony seems to have successfully rained on Microsoft's parade. Rumours of a $100 price cut on Xbox in the US have been rife for weeks, and Microsoft was strongly tipped to make the announcement at the Electronic Entertainment Expo next wee.k But a pre-emptive strike by Sony, taking the PS2 down to $199, means Xbox is priced at $199, effective immediately. Microsoft says it still expects to sell 3.5-4 million Xbox units by the end of June, which suggests the cut is more defensive than aggressive. It is also planning cost-related adjustments to Xbox manufacturing; production at the Flextronics plant in Hungary is to be run down, with a South China plant taking over, and Microsoft is looking for a second, non-Flextronics plant in Asia by John Lettice

May 16, 2002, 05:11 AM	#2
Ijustwannaknow Driverheaven Senior Membe Join Date: May 2002 Posts: 241 Rep Power: 0	i still wont buy one.....