Nintendo has cut the price of the Nintendo GameCube in Japan and Europe, following the recent success the price drop had in the US.
Japan:
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Nintendo cuts GameCube price by 29% to Y14,000
Friday October 3, 4:03 AM EDT
TOKYO, Oct 3 (Reuters) - Japanese videogame maker Nintendo Co Ltd (7974) said on Friday it would cut the price of its struggling GameCube console in Japan by 29 percent to 14,000 yen ($126).
The price cut, from 19,800 yen, will take place from October 17, the company said in a statement.
The move followed Nintendo's announcement on Wednesday that it would slash the console's price in the United States to $99 from $149 ahead of the holiday season.
Europe:
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Cube cut to £79 in UK.
by Tom Bramwell
Nintendo will cut the price of the GameCube to £79 in the UK from October 10th, the company has just announced, before dropping the price to €99 across Europe on October 17th.
"There has never been a better time to get a GameCube and with this new price we want every household to have one," says MD of sales and marketing David Gosen. "If you are new to gaming or have been playing for years, then at this great price you simply can¹t afford not to have a GameCube."
With a £139 price point now in place for PS2 as well, all eyes must surely now focus on Microsoft, which recently promised to stick to Sony's pricing tail in the US. The company is expected to cut the price of the Xbox in the US and Europe in the near future.