Guest The Fett Report post Posted May 20, 2002 Nintendo cuts GameCube price Nintendo's new price, effective Tuesday, followed drops last week in the consumer cost of its two rival systems. PlayStation 2 and Xbox were both selling for $299 before separate announcements that the companies were reducing the prices to $199. GameCube previously undercut the other two by $100, and company officials said keeping the price low is a key part of attracting new consumers. "Our goal is to get as many hardware units out there as possible so we can sell software against a bigger installed base," said Nintendo marketing executive George Harrison. "This year, it's going to be a battle of software." The Nintendo cut comes as the nearly $27 billion interactive entertainment industry gathers in Los Angeles for this week's Electronic Entertainment Expo, which previews the latest hardware and software set for release over the coming year. "We believe we came out at the best price and think this will put us in a very competitive position, particularly with the games we're showing this week at E3," Harrison added. Those game capitalize on many of Nintendo's popular trademarks, with "Super Mario Sunshine" featuring the popular mustachioed plumber character from "Donkey Kong" and "Super Mario Bros." and a state-of-the-art version of "The Legend of Zelda," the sword-and-sorcery series about a heroic elf named Link. Already in the works? At about $149, Nintendo will roughly break even on sales of each GameCube, Harrison said. The company has kept manufacturing costs lower by not offering an installed DVD player on the GameCube like its rival consoles. Nintendo's GameCube initially entered the U.S. market at $199. Xbox executives acknowledged advancing its price cut because of Sony's announcement, but Nintendo officials initially balked when asked if they would slash prices, too. Harrison said Nintendo had already planned to lower its price. "Nothing changed except we couldn't say anything until we were ready to announce it," he said. GameCube, which went on sale in the United States last November, has shipped about 4.5 million units worldwide so far. Microsoft's Xbox, which debuted about the same time, says it expects to have shipped 3.5 million to 4 million consoles by the end of June. source:http://www.cnn.com/2002....ex.html Share this post Link to post Share on other sites
Guest Youth N Asia Report post Posted May 21, 2002 Bah...I don't think it'll matter. Its selling point is that it was a hundred bucks less...but for only a $50 difference I'd rather get one of the other two. Nintendo really screwed up the 64...I think they've been branded as a more kid friendly system...and unless they do something big soon I don't see them even being a theat to Sony. Share this post Link to post Share on other sites
Guest bps "The Truth" 21 Report post Posted May 21, 2002 ahem... there are over 10 mil PS2s sold already. the battle is between GC and XBox. GC has the following games coming: Resident Evil 0 and 4, WrestleMania X8, Eternal Darkness, Mario Sunshine, Metroid Prime, Star Fox Adventures, a Star Fox shooter, Legend of Zelda.... and they got Square back on board so here comes Final Fantasy. XBox has Halo 2...and their previos XBox exclusive games are about to start showing up on other systems (the third party ones) and the first party ones are about to come out for the PC. Share this post Link to post Share on other sites
Guest Report post Posted May 21, 2002 I think it's only a matter of time before Microsoft admits defeat and shuts down X-Box production. They were losing $100 per console before the price drop. Share this post Link to post Share on other sites
Guest MarvinisaLunatic Report post Posted May 21, 2002 Yep... I told everyone the X Box stunk and the Gamecube was the better console. Ahh... Coming soon to an X Box near you: Share this post Link to post Share on other sites
