The strongest and more expensive console will win this generation, it never happened before.

[foxtail]

DonFerrari said:

foxtail said:

The $100 PS2 price cut was an aggressive move initiated by Sony to stop the Gamecube and Xbox from gaining any momentum.  It was even called an aggressive move in Sony's own press release.

Nintendo and MS had no choice but to follow suit with price cuts of their own.  The PS2 had sold 28.68 Million worldwide as of March 31, 2002.

The PS2 price cut was made on May 14th, 2002.  The Gamecube price cut was made on May 21, 2002 - the Xbox price cut was made on May 15, 2002.  Sony caused the deep price cuts early on in the life of the Gamecube and Xbox, not Nintendo or MS.

Almost outselling their Lt even before the pricecut.

The PS2 had been out 24 months by March 31, 2002 (when it had sold 28.68 M) - a full 2 years on the market.  

By the time the Gamecube was launched in each region (i.e. Japan, N.A. and Europe), the PS2 had already sold 24.18 Million units total (WW) within those regions (6.85-JP/8.55-NA/8.78-EU).

From the time of Gamecube's WW launch dates to the date of March 31, 2002, the PS2 sold only 4.5 Million units more (28.68M minus 24.18M = 4.5 Million).

In that same timeframe by March 31, 2002 the Gamecube sold 3.80 Million units Worldwide.

4.5M PS2 sold minus 3.8M Gamecube sold equals  0.7 Million difference. (4.5 - 3.8 = 0.7).

With only a 0.7 Million difference in sales between the PS2 and Gamecube Sony had something to worry about.  That's the reason for the aggressive $100 price cut from Sony.