Tuesday, 2 September 2008

Microsoft has slashed the price of Xbox 360 game console in Japan


Xbox price cut to woo Japanese gamers.

Microsoft last night slashed the prices for the Xbox 360 game consoles in Japan, a very competitive market where the company has been struggling against rivals Nintendo and Sonny. The cheapest of the three models, Xbox 360 Arcade, will now cost £100.
"We have set the prices with hopes more people will be able to enjoy Xbox 360," Takashi Sensui, who heads Xbox operations in Japan, said at a Tokyo event to outline the company's year-end business strategy.

Microsoft has faced tough competition in the next-generation gaming machines from Nintendo, which has been recording booming sales with it's Wii game console, and also from Sony's PlayStation 3.

Microsoft has also said a 60-gigabyte Xbox 360 will be introduced in Japan at US$270, while the Xbox Elite, the top grade, will be reduced by 17percent from US$440 to US$370.

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