myrtar
2004.03.29, 1833
http://www.thestreet.com/stocks/troywolverton/10151164.html
As expected, Microsoft (MSFT:Nasdaq - news - research) announced Monday that it is cutting the price of its Xbox video game console by $30 in an effort to juice sales.
Starting Tuesday, the price of the Xbox will be $149.99. Microsoft is also slashing the prices of several Xbox games and accessories, including Project Gotham Racing 2.
Through the end of last year, Microsoft had sold 13.7 million Xbox consoles. The company's goal is to push total sales to 14.5 million to 16 million by the end of its fiscal year in June.
As expected, Microsoft (MSFT:Nasdaq - news - research) announced Monday that it is cutting the price of its Xbox video game console by $30 in an effort to juice sales.
Starting Tuesday, the price of the Xbox will be $149.99. Microsoft is also slashing the prices of several Xbox games and accessories, including Project Gotham Racing 2.
Through the end of last year, Microsoft had sold 13.7 million Xbox consoles. The company's goal is to push total sales to 14.5 million to 16 million by the end of its fiscal year in June.