"MICROSOFT shocked the world of computer gaming last night by dropping the price of its Xbox console just five weeks after its British launch.
The price cut, from £300 to £199, followed concern among analysts about lower-than-expected sales only weeks before Nintendo launches its rival GameCube console, priced at about £150, on May 3.
Although Microsoft insisted that sales had been “in line with our expectations”, speculation had been growing that the Xbox was failing to dent the dominance of Sony’s PlayStation 2 (PS2) console, even after a £350 million marketing campaign..."