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Munkeh said:
Microsoft would never cut the price twice in a few months, especially after having left it the same for nearly two years. Anyway, they do not care about Europe (still no HDMI Premium here) but they might be concerned about the States

Sure they would. They left the price for as long as they did because they could. They were selling well and had no reason to slash. Once a competitor slashed, they did the same... and came out very well from it.

MS was very aggressive with pricing for the original XBOX, if you recall.