Trims $50 in wake of Sony's cuts to PlayStation3
(NEWSER) - Microsoft is shaving $50 off the price of Xbox 360 video game consoles in the US, just a month after Sony dropped the price of its PlayStation3 by $100. Both have faced unusually strong competition from Nintendo’s hot Wii, Reuters reports, and want to boost preholiday sales. Premiering in November 2005, the 360 had stayed at the same price—$400—for 20 months, the longest for any console. More»