Microsoft's Xbox will be cut in price from €479 (�299) to €299 (�185, but likely to end up �199). Consumers who have already purchased the console will soon be in the position to receive two free games and a controller upon presentation of their receipt.

Time for us to check with Nintendo of Europe what they think of this. Here is their official statement:

Nintendo of Europe - Nintendo GameCube has exactly the right proposition for success � a dedicated console, an excellent software line-up for launch and throughout 2002 plus the right price.
In the games industry software drives hardware, and we know that Nintendo GameCube has, and will continue to have, games that people want to play.

Apparently, they are not planning to drop the GameCube price this year. I am sure we will see a very interesting console sales battle soon in Europe. Who do you think will win?