We have been hearing rumours for a few weeks now and sure there must be [URL=http://money.cnn.com/2002/12/13/commentary/game_over/column_gaming/index.htm]something true about it[/URL]. When we will see another price drop in consoles is hard to predict but in the next few months sounds likely; just like one of the most basic rules of economy state, once one of the competitors dare to drop the product price, all other will follow inmediately...

The consensus seems to be that we can expect another round of cuts before mid-year, most likely right around the same time as the Electronic Entertainment Expo, the gaming industry's annual trade show. Most execs are predicting another $50 reduction, taking the Xbox and PS2 to $149 and the GameCube to $99. While unlikely, they acknowledge it's not inconceivable that PS2 and Xbox prices could fall to $99 (and, by default, the GameCube would slip to $50).