xboxSources within the UK retail sector have announced that sales for the Xbox tripled in the week following Microsoft's price cut (down to 99£, which is roughly $177USD as of today). It's expected that sales will continue to soar with strong Xbox releases coming this fall/winter (Halo 2, anyone?). No word yet on how the PlayStation 2 has faired since its price drop which came shortly after Microsoft's.

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Xbox sales soar after UK price cut