Gamecube Price Drop OFFICIAL

[Zapages]

Oft-rumored price drop now a reality. Number three console manufacturer enters the Q4 race running. What's up for Xbox, PS2?

Retail partners Amazon.com and Toys "R" Us have taken the first step in heating up the upcoming fourth quarter videogame business.

The online retailers are now offering the jet black- and indigo-colored GameCube at a margin-busting price of $99.99.

Senior analyst Billy Pidgeon of the Zelos Group commented on the price drop saying, "If you're going to sell the GameCube for under $149, you're losing money...they're throwing their margin away, basically dumping them."

There is no indication that this price drop is the result of a renegotiation between the retailer and either the manufacturer or distributor.

As far as Sony and Microsoft are concerned, Pidgeon says Sony is likely to be unfazed by the price drop. However, Pidgeon says, "Microsoft should care. They could lose the number two position, which is very important for Microsoft [to maintain]."

Pidgeon added the price drop will certainly have impact on fourth quarter retail sales, but that competitive price drops across the board would be required to see substantial increases to anticipated Q4 sales.

Pidgeon said, "Fourth quarter is the perfect time to use a price cut. It would really energize the market if there were price cuts this quarter."

By Curt Feldman, GameSpot [POSTED: 09/23/03 01:09 PM]

Source: Gamespot

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[Andrew Hruska]

nice.. very nice.. now i can afford a 2nd gamesube for my "Ultimate Gaming PC Case " Muhahahahaha.

[Alchemyst]

Heh, I doubt they'll be dropping the price in the UK any time soon, probably gonna have to wait til Xmas

[T.O.F.K.A.Z]

A PAL pricedrop was announced it would cost 99€ then but Nintendo told this was just a rumor and that it might happen in the xmas period , other news is that the Player's Choice serie won't be extended just yet , and their price will stay the same for the moment aswell. Furthermore Nintendo isn;t going to release any bundle packs until xmas.

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