NEWS - Tuesday, March 4, 2003


Price Cuts Are On There Way

EA sees price cuts this year, new consoles coming LOS ANGELES, March 4 (Reuters) - Video game publisher Electronic Arts Inc. expects a new generation of video game consoles to come in 2005 or 2006 and is already talking to console makers about their plans, the company’s chief financial officer said on Tuesday. In a presentation at a Bear Stearns investment conference in Florida, monitored via Webcast, Warren Jenson also said that EA, like many other game publishers, expects Sony Corp., Microsoft Corp. and Nintendo Co. Ltd. to cut $50 each off the price of their consoles this year. Such cuts, which many expect to come in May around the industry’s Electronic Entertainment Expo in Los Angeles, would take Sony’s PlayStation 2 and Microsoft’s Xbox to $149 and Nintendo’s GameCube to $99. "Today we’re already in discussion with Sony, with Microsoft, with Nintendo on the next generation of consoles," Jenson said. "When do we think the transition would occur? Sometime around 2005, 2006 -- that’s really Sony’s call to make." Sony, which dominates the field, was ahead of Microsoft and Nintendo by a year in the current cycle, releasing the PS2 in late 2000.
Source: http://www.reuters.com

Comments

Site Statistics

Registered Members: 43,969
Forum Posts: 725,025
Xbox One Titles: 629
Xbox 360 Titles: 1,084
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 583
Xbox Titles: 847
Staff Reviews: 1,430
Member Reviews: 10,339
News Articles: 13,022
Screenshots: 28,654
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News








See News Archives

Community Forum Activity

Club for Forza Horizon 3
Post by TheOutcast-XBA
9 Replies, 454 Views

Destiny: Rise of Iron - Devil's Lair Strike Remastered
Post by Variation-XBA
0 Replies, 90 Views

Video - Destiny: Rise of Iron
Post by Variation-XBA
0 Replies, 80 Views

Interview: Kevin Carthew - Creative Director of Team17
Post by Variation-XBA
0 Replies, 64 Views

XboxAddict Gaming Club
Post by Symmetric-XBA
10 Replies, 257 Views

Article: The Art of Deus Ex Universe Artbook
Post by Variation-XBA
0 Replies, 147 Views

Call of Duty: Infinite Warfare Preview
Post by Variation-XBA
0 Replies, 164 Views

Halo Bluetooth Speaker - YES PLEASE
Post by TheOutcast-XBA
6 Replies, 375 Views

Titanfall 2 Pre Alpha Tech Test Impressions
Post by Variation-XBA
1 Replies, 309 Views

Les jeux par abonnement
Post by oryanphine
0 Replies, 289 Views

In Preparation For Horizon 3!
Post by Creeping Judas
7 Replies, 335 Views

Sword Coast Legends - A Hidden Gem
Post by Creeping Judas
3 Replies, 357 Views

Xbox Design Lab: A Neat Way To Make Xbox One Gaming Personal
Post by Variation-XBA
1 Replies, 308 Views

Xbox One S - I will indeed buy one
Post by TheOutcast-XBA
12 Replies, 554 Views

It Is Happening
Post by laughs
26 Replies, 1364 Views

© 2000-2016 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics