Edit: Apparently this article from Gamespy.com has been altered and is fake. sorry...
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From Gamespy.com
Price expected to be cut later this month.
Sunday September 1 2002 | hardcore_pawn
Xbox - Price Slash
By Todd Mowatt
With the ECTS just taking place MS 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 $149.99
The price drop is expected to take effect on September 23, 2002.
?The price drop for the Xbox isn?t going to be a shock to anyone in the industry,? said Edward Williams an analyst with Gerard Klauer Mattison.
The price cut also make sense considering that MS announced a price cut in Europe just last week , MS predicting a sales surge in Europe because of the price cut, with a corresponding increase in software sales.
Williams said the price cut shouldn?t be construed as ill-health in the interactive entertainment industry, MS is looking to get an edge on it's competition before the Holiday Season starts.
-----------------
From Gamespy.com
Price expected to be cut later this month.
Sunday September 1 2002 | hardcore_pawn
Xbox - Price Slash
By Todd Mowatt
With the ECTS just taking place MS 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 $149.99
The price drop is expected to take effect on September 23, 2002.
?The price drop for the Xbox isn?t going to be a shock to anyone in the industry,? said Edward Williams an analyst with Gerard Klauer Mattison.
The price cut also make sense considering that MS announced a price cut in Europe just last week , MS predicting a sales surge in Europe because of the price cut, with a corresponding increase in software sales.
Williams said the price cut shouldn?t be construed as ill-health in the interactive entertainment industry, MS is looking to get an edge on it's competition before the Holiday Season starts.