I believe the PS3 and 360 didn't receive pricecuts for the same reasons.

[Jo21]

LPNA said:
@disolitude
There is large demand for 360 in euro, as many 360 buyer are waiting for this coming price cut.
You will see it in the next few months.

 

they had a price cut in feb.

i doubt many were waiting for price cut that was just announced today and have been outsold the whole year.