xbox price cut - no longer analyst opinion

[Shuki]

With the Electronic Entertainment Expo two weeks out, Microsoft let the proverbial cat out of the bag earlier this week, indicating to retailers and analysts that the company will soon slash the U.S. price of the Xbox console to $199. The price drop is expected to take effect on May 23, right in the middle of E3

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[Carl Spackler]

IF THIS IS TRUE...

Looks like I might have to have one now.

[Liver&Onions]

Dammit. Ps2, Xbox, PS2, Xbox.... the choice will be tough, but I know I will have to make it. It is a challenge I accept however.

Looks like I'll have to be clearing some room in my cabinet for one of these two 'big' systems.

[Zodo]

I may actually have to get a PS2 if it goes to <200...

Still no interest in X-box personally

[darkside]

I may have to get a second PS2 if it drops to $200.

I'm just wondering, how for sure is this? Any replies are greatly appreciated. I'll be getting an Xbox either way, but I'd rather get it for $199! Thanks.

- Shawn

[Absolute Zero]

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An alleged advertisement could further support reports that an Xbox price drop is imminent in the US.

An alleged scan of a Wal*Mart advertisement that has been circulating online may lend additional credence to Reuter's recent report that an Xbox price drop is imminent in the US. The advertisement was purportedly set to run in Sunday papers on May 26th, but is said to have leaked early. The ad marks the system's price as $199.94 - down from its current price point of $299.96.

Representatives at Wal*Mart were not available at press time to confirm or deny the advertisement's validity. Microsoft officials offered no comment. We'll have more on this story as it develops.
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Hope this helps.

[keithf25]

This looks pretty real to me.

[Flay]

Photoshop is fun!

[keithf25]

D'oh!!!

[outer-edge]

Originally posted by Shawn
I'm just wondering, how for sure is this? Any replies are greatly appreciated. I'll be getting an Xbox either way, but I'd rather get it for $199! Thanks.

- Shawn

Well, from what I gather, MS has yet to officially announce it.
WHat reports are though, is that MS had a conference call and announced it to some individuals. From this, one analyst is saying out loud that its official, while two more "anonymous" ones are supposedly agreeing. So, its not set in stone, but looking pretty good. As me on the 23rd to be sure though.

[BigDaddy]

http://www.cnn.com/2002/TECH/ptech/0...eut/index.html


Just saw this on CNN today.