GameCube Prices Cut Before Launch!

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Nintendo on Monday upped the ante in the hotly contested video-game market by cutting the price of its GameCube consoles by up to 24 percent in Europe, two weeks before its launch.

GameCube machines will go on sale in Europe on May 3 for $177 (199 euros), down 20 percent from the earlier announced price of $223, and for $186.7 (129 British pounds), a 24 percent discount.

Nintendo's move comes after Microsoft's decision last week to cut the price of its Xbox consoles in Europe, putting it in line with best-selling rival, Sony's PlayStation 2, at $266 (299 euros) and about $288 (199 British pounds).

The GameCube will now retail at 100 euros cheaper than Xbox and PlayStation 2 in Europe, although the latter two come with a built-in DVD drive.

For extended info warp 2 News.com