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| Microsoft plans to cut the US market price of its XBox 360 gaming machine, lowering the price of its entry-level console to $50 below Nintendo Co Ltd's top-selling Wii. As per Indiatimes, the company plans to reduce the price of its entry-level Xbox 360 Arcade, which comes without a hard drive, to $199 from its current price of $279 and it also will lower the prices of its mid-range and high-end Xbox 360 consoles by $50 each.
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