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March 23, 2004

Microsoft lowers Xbox price to $149

REDMOND(AP) -- Microsoft Corp. plans to lower the price of Xbox to $149 beginning in early April, the Wall Street Journal reported last week.

The $30 price cut is part of efforts to compete with rival Sony's PlayStation 2, the industry leader.

Microsoft also is considering selling a limited-edition Xbox that will come with Microsoft's popular Halo shooting game for $169, the Journal said, citing sources familiar with the company's plans.

Microsoft has been fiercely competing with Sony and Nintendo Co.'s GameCube since 2001, when the software maker made its first foray into the game console business by launching Xbox.




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