In the first week of last month, we had reported that Microsoft was apparently planning to cut the price of the Xbox 360. But that was the apparently the region of United States! However, the Microsoft Japan seems to be the one that was planning to cut the price of their current generation games console.
Japanese newspaper Nikkei is reporting that Microsoft is slashing the price of the Xbox 360 Arcade by approximately thirty percent in Japan. This means that the Xbox 360 arcade will carry a price tag of 19,800 yen (approx. Rs. 8000). The newspaper also reported that MS Japan will lower the prices of the other Xbox 360 models.
The price cut by Microsoft Japan will make the Xbox 360 Arcade the first in the current generation consoles to have a price point below 20,000 yen (approx. Rs. 8, 080) mark. The Nintendo Wii, the most successful of the three consoles, comes with a price tag of 25,000 yen (approx. Rs. 10, 100) in Japan. As for Sony, David Reeves had pointed out last month that they will not be slashing the price of the PS3 in this year.