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Activision CEO: Slowing economy may lead to console price cuts
>> From gamesindustry.biz:
[QUOTE]
The slowing US economy will pressure makers of video game consoles to lower their prices said Activision CEO Bobby Kotick.
"With the rising costs of fuel and food and housing, it is more difficult to go out and buy a USD 399 console, and I think it's going to put pressure on the console manufacturers to reduce their prices," Kotick told Reuters.
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Full Story: gamesindustry.biz
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