Xbox Now Cheaper than Wii (But for How Long?)

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Xbox Now Cheaper than Wii (But for How Long?)

With the Nintendo Wii retailing for $249, Microsoft now says that it is cutting the price of its Xbox consoles!

This move will lower the price of its 360 Arcade by $80, to $199, and other models will see a $50 reduction, to $299 and $399.

Microsoft has lost ground over the summer to second-place Sony's PlayStation 3, and analysts noted it marked the first time a current-generation console has sold for less than the Wii.

Let's see how low those prices go before the holiday shopping season!

More at Bloomberg.

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