Import taxes in general have been more expensive for consoles in the EU and UK than in North America. X1 sells for considerably more overseas as well for the same reason.

welcome to the usa, the land of free were you dont have to pay import taxes and getting your consoles subsidized by the eu. 

jk ... yeah but dont have the us also pay import taxes ? I'm pretty sure they have to ... but how much ? 10% 20% 30% ?

edit: found that for germany:

Duty Rates

The duty rates applied to imports into Germany typically range between 0% (for example books) and 17% (for example Wellington Boots).  Some products, such as Laptops, Mobile Phones, Digital cameras and Video Game consoles, are duty free. Certain goods may be subject to additional duties depending on the country of manufacture, for example Bicycles made in China carry an additional (anti dumping) duty of 48.5%.

but thats for consumers don't know about sony/ms

EU likely does have different import tariffs than US, they also have different laws on product warranties as well as other EU specific regulations, they also have different cost structure for distribution, they also have more languages to support which affects UI development, game development, product support, marketing, etc.

We're a test market to see how it would sell when if it's more expensive than xone.  

Xone with Titanfall is $500 in Canada, PS4 and a game is $520.  If PS4 still outsells xone then Sony doesn't need to worry so much about an xone price drop.

Glad I got my PS4 for $380  at Target on launch day.

To be honest titanfall should be cheaper because it's not even a full game