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Microsoft Set To Cut Price Of Xbox 360 To Beat Wii, PS3

July 1, 2008

The gaming industry and the next-generation console war has seemed to pick up steam yet again as the Xbox 360, which formerly had a major lead in sales, now sees the Nintendo Wii and Sony PS3 also doing quite well.  So what will Microsoft do?  Apparently, they will cut the price.Washington (dbTechno) - The gaming industry and the next-generation console war has seemed to pick up steam yet again as the Xbox 360, which formerly had a major lead in sales, now sees the Nintendo Wii and Sony PS3 also doing quite well. So what will Microsoft do? Apparently, they will cut the price.

It has been reported that Microsoft is getting ready to cut the price of the Xbox 360 Pro sku by $50 in the next few weeks, heading into the holiday shopping season.

This will put the price of the Xbox 360 Pro at a far more mainstream price point of $299.

This makes it only $50 more than the Nintendo Wii.

The last time that Microsoft cut the price of the Xbox 360 was last August when they reduced the price from $399 to $349.

This will also make their lowest model, the Xbox 360 Arcade mode, at pretty much the same price point as the Nintendo Wii.

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