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Old 08-07-2007, 07:31 AM
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Join Date: May 2007
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Default Xbox 360 price went down to to $349

NICE>Faced with unexpectedly strong competition from Nintendo Co Ltd's cheaper Wii console, Microsoft has cut downt the price for teh Xbox 360 to $349. This iwas the first price cut after 20 months.

Launched in November 2005, the Xbox 360 has gone 20 months without a price cut, the longest of any console in history. Sony's PlayStation 2 held its $300 price for 18 months after launching in the United States in 2000. By the end of June, Microsoft had sold 5.6 million Xbox 360s in the United States, compared with 2.8 million Wiis and 1.4 million PS3s -- the latter two launched a year later.
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