Talking Point: 360 Price Cut and Sony's Reaction

As most of you already know, the Xbox 360 gaming consoles from Microsoft have seen their prices drop significantly as the Xbox 360 Arcade version of the platform is positioned to take on the Nintendo Wii console. Given the way the Nintendo Wii has dominated the hardware sales charts in North America and in Europe in recent months, it's unlikely that the Xbox 360 can catch up but the Microsoft made consoles might just gain an advantage over the PlayStation 3 from Sony.

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