Rumor: Microsoft cutting 360 Arcade price to €199 in Europe

[NJ5]

gebx said:

NJ5 said:
Let me run some calculations here:

Typical VAT in Europe (not for every country, but for many): 21%
199/1.21 euros in usd = $244

There are probably a few more taxes which need to be subtracted (recycling fees for example), but that gives us an idea of how much Microsoft would get from the sale.

I don't get it... since when do companies make money off taxes?

They don't, which is why I removed them from the price.

199 divided by 121% is 164 euros, which is about $244.