Xbox sucks down under too

Yes, it's official; Microsoft are panicking. They have just decided to reduce the price of the Xbox by 40% here in Australia. It doesn't seem a coincidence that release of the Nintendo GameCube is only a few weeks away, and the new Xbox price is exactly that of the GameCube. They might have sold 10,000 Xbox units in the first few days, but only 13,000 units have sold since then. That's incredibly short of the expect 100,000 units Microsoft were planning to distribute within the first three months.

The Xbox's price will also be reduced by nearly 50% in Europe. For some reason, Microsoft haven't made a similar annoucement in the US. Perhaps Microsoft is just trying to annoy all the Americans. I don't think that will sell more Xboxes.

Just tuck your tail between those legs, Bill. We won't laugh too hard if you run away now.