Why hasn't MS cut Xbox One price in EU?

[Kynes]

generic-user-1 said:

Kynes said:

kowenicki said:

Kynes said:

http://finance.yahoo.com/echarts?s=eurusd%3Dx+interactive

Weak euro -> less usd received by the console manufacturer in each sale -> no price cuts.

(this also means very bad news for sony, as europe is a huge market for them)

the yen hit record lows against the euro during the last quarter. Sony was creaming it in over the holiday period.

I'm not sure, but the manufacturing cost must be much more dependant on the USD strength than the JPY.

becaue they are made in china?

That's what they said on a financtial report, lower than expected profits for PS4 even with a much weaker JPY due to exchange rates.