Microsoft to Cut XBox Price to $149?

BjB writes "According to a Dow Jones Newswire article, Microsoft plans on lowering the price of the XBox to $149 (from $179) at the beginning of April. This is to compete with the PlayStation 2, which currently remains at $179."

Comments

Looks like they're following as anticipated

[hambonewilkins]

I believe it was expected earlier that MS would shift the Xbox to $150, then $130 (in the summer) and finally $100 on the eve of Xbox 2 (Nextbox, whatever).

At $150 this is certainly tempting and I'm pretty torn.

Sony will likely drop to $150 as well, but what about gamecube? How low can that go? Likely not much lower. It is more likely that Nintendo will bundle things with the cube at the $99 price, perhaps games or controllers or even the wavebird.

total market penetration

[chrish]

If the XBox gets down to around $100 each, Bill Gates could buy every single man, woman, and child in the US one, and he'd still be worth about $25 billion (assuming he'd pay retail).

XBox would instantly have total market penetration, and then some.

That's great news

[superpulpsicle]

I may not be a Xbox fan, but price slashing helps everybody win. Sony would be stupid to maintain the $179 mark.

Now if only game prices drop.