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Will 'Xbox' Force 'Playstation2' Price Cut?

by Rainier on April 27, 2004 @ 1:36 p.m. PDT

American Technology Research analyst P.J. McNealy said the Xbox was likely to overtake the PS2 on a units-sold basis for the first time ever in the United States in April. He estimated Xbox sales of 275,000 units this month, versus about 200,000 units for the PS2. PS2 sales have been falling in the United States this year, and in the just-ended fiscal year Sony said PS2 unit shipments fell 37 percent in North America. Unless Sony cuts the price on its PS2 in order to spur sales, U.S. game software makers, many of whom track Sony's fiscal year, may find sales growth targets harder to reach, analysts said. Read the full story here...
American Technology Research analyst P.J. McNealy said the Xbox was likely to overtake the PS2 on a units-sold basis for the first time ever in the United States in April. He estimated Xbox sales of 275,000 units this month, versus about 200,000 units for the PS2. PS2 sales have been falling in the United States this year, and in the just-ended fiscal year Sony said PS2 unit shipments fell 37 percent in North America. Unless Sony cuts the price on its PS2 in order to spur sales, U.S. game software makers, many of whom track Sony's fiscal year, may find sales growth targets harder to reach, analysts said. Read the full story here...
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