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Microsoft Japan to cut price of Xbox 360 console by 30 pct
>> From tradingmarkets.com: [QUOTE] The Japanese unit of U.S. software giant Microsoft Corp plans to slash the price of its Xbox 360 home video game console by nearly 30 percent in a move that will undercut the more popular Wii machine from Nintendo Co, the Nikkei reported on Monday, without citing sources.
Microsoft will lower the price of the Xbox 360's Arcade model by 8,000 yen ($73.50) to 19,800 yen, making the device the first among competing consoles to carry a price tag less than 20,000 yen, the business daily said. The company will reduce the prices of the two other models as well by 5,000 yen to 8,000 yen, the report said. [/QUOTE]
Full Story: tradingmarkets.com
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