PS2 and Xbox price cuts coming

PS2
With the launch of the PS3 slated for some time later this year and Microsoft's new Xbox 360 already out, now is the obvious time to make such a move. The report draws a parallel with the situation in 1999, when Sony cut the price of its original PlayStation to US$99 almost a year before the release of its new console. With the PS3 now less than a year away, Kraft and Kwak are surprised not to have seen price cuts already—but word on the street is that they will be here soon.

Via ArsTechnica

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