Console price cuts shift leverage to buyers
The price war across major game consoles quickens as Microsoft drops Xbox to 199 while Sony lowers PlayStation 2 and PS One prices. Nintendo maintains 199 for Game Cube though analysts expect a further cut. The moves aim to widen mass market appeal, with casual gamers welcoming lower prices and early buyers eyeing next week’s PS2 purchase.
MENTIONED IN THIS ARTICLE
New York
Microsoft Corp
U.S
Sony
Nintendo
P.G. McNealy
Gartner G2
North America
Molly Smith
Microsoft
John O'Rourke
Global
Xbox Marketing
Elvis Antonetty
Microsoft console sales miss forecasts as PS2 leads
Microsoft reports worldwide Xbox shipments lag behind earlier estimates, with expected end of June totals around 3.5 to 4 million. The shortfall follows optimistic 4.5 to 6 million projections, while PS2 remains ahead in the market.
MENTIONED IN THIS ARTICLE
U.S
Microsoft
Also Mentioned on This Page
Uits
Dan Ryan
Columbia Heights
Minn
Best Buy
Roseville
Kat
U.S. Sra
Erat
Van
Klinger Pool
Fifth Ave
Cedar Rapids
University of Iowa
Tippie School of Management
U.S. News and World Report
Business Week
Financial Times of London
Forbes
3Rd Avenue
Iowa
Biz.uiowa.edu
Bebie
Henry B. Tippie
School OF Management
Gazette Communications
The
Gazette
Tan Time
Castle Lanes BreKay Travel & Services
Huntington’s
Zio Johno
Play It
Longbranch Donutland
Cooper’s Mill Pierson’s Flower Shop & Greenhouses Inc
Domino’s Pizza
Ave