According to reports, Microsoft will cut the price of its Xbox video game console in April, just a month before the crucial E3 trade show, at which the company is expected to divulge information about its next-generation console, code-named Xbox Next. The Xbox, currently retailing for about $180 in the United States, will drop to $150, undercutting the Sony PlayStation 2 by $30—at least temporarily. Sony is expected to follow suit. But the new Xbox price is still $50 more than that of Nintendo's GameCube, which has experienced rejuvenated sales in recent months. Regardless, none of these price cuts will likely change the current statistics of the Big Three of video gaming: Sony will remain in first place by a wide margin, whereas number-two Microsoft and number-three Nintendo battle it out for the scraps
