Will Microsoft cut Xbox price?

The company plans to drop the price of its Xbox video game system by $30 to $149 next month, according to published reports.

Microsoft plans to drop the price of its Xbox video game system by $30 to $149 next month, according to published reports.

Citing people familiar with the company's plans, The Wall Street Journal reported Friday that Microsoft may also start selling a limited-edition Xbox packaged with its "Halo" shooting game, for $169.

Publishers and retailers have clamored for a price cut for the Xbox and Sony's rival PlayStation 2 this year, to either $149 or $129. Reuters has cited senior industry executives saying they expect price cuts by May.

Last May, Microsoft cut the Xbox's price from $199 to its current price of $179.

Story Copyright  © 2004 Reuters Limited.  All rights reserved.

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