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Xbox sales jump in Europe

Microsoft reported Wednesday that sales of its Xbox game console jumped in Europe the first week after a price cut there went into effect April 26. According to a Microsoft statement, the most recent weekly sales tallies show the Xbox running neck and neck with Sony's PlayStation 2, accounting for 49 percent of game console sales in England, 46 percent in France and 55 percent in Germany. The Xbox is facing new competition overseas, however, since Nintendo's GameCube went on sale in Europe May 3.

Microsoft reported Wednesday that sales of its Xbox game console jumped in Europe the first week after a price cut there went into effect April 26. According to a Microsoft statement, the most recent weekly sales tallies show the Xbox running neck and neck with Sony's PlayStation 2, accounting for 49 percent of game console sales in England, 46 percent in France and 55 percent in Germany.

The Xbox is facing new competition overseas, however, since Nintendo's GameCube went on sale in Europe May 3.