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Microsoft Announces Drop in Xbox Video Game System Price.
By Stanley A. Miller, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News
May 15--LOS ANGELES--Microsoft announced Wednesday that it is dropping the price of its Xbox video game system in the United States by $20 to $179.99, effectively immediately.
The move was aimed to make the gaming system -- which has rich 3-D graphics and a high-speed Internet port -- a more attractive deal than that of market leader Sony, which announced a new PlayStation 2 hardware package Tuesday but said the price of its popular system would remain $199.
Sony has sold about 51 million PlayStation 2 systems worldwide, while Microsoft expects to have sold 13 …
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