LOS ANGELES/NEW YORK (Reuters) - Major retailers have been waiting and hoping for video game console makers to cut prices this month -- just as they did last year, during and right after the industry's biggest trade show.
But now some industry sources and analysts do not expect the next round in the Xbox-PlayStation price war until late summer or even year-end.
That would disappoint U.S. retailers who had expected big price markdowns to be announced this month. Speculation had been strong that next week's E3, the games industry's annual trade show, would bring across-the-board price cuts.
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