Retailers say yes. Details inside.

April 28, 2003 - Historically, around this time of year -- E3 -- console manufacturers play a little game that we like to call "the price wars." One company announces a $50 price cut, and before you know it, all of the major systems follow suit to stay competitive. It looks like 2003 is shaping up to be no different.
Sources from many retailers in North America are currently indicating that they've received in-store communications stating that all three major consoles -- PS2, GameCube and Xbox -- could have their prices slashed in the very near future, i.e early May. Promotional materials and instructions at these stores state the following prices are slated for each system:

PS2: $149.95
Xbox: $149.95
GameCube: $99.95
Again, none of this has been officially confirmed at this early, pre-E3 point in time. Expect more concrete news and statements to become available as we draw nearer to the big May 14 date. But given the longstanding history of E3-related price cuts, don't be surprised to see it happen. We'll keep you posted.