50 Euro Xbox 360 price cut March 14

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Just_Ben said:

Mistershine said:
@just_ben
He said pounds not euros:
£150-vat@17.5%=£127.66*1.98365(current exchange [e-mail])=$253.23

The article states that its 50€ per SKU and that would mean something about 40£. The current price is 280€ and 220£(with a game) or 190£ on amazon or 200£ by microsoft. If amazon selling it under price, thats something amazon does.

Its a uk source, but its seems they only know of a drop off 50€ and gamble with numbers. So I would take the 50€ and go by that.

The article gave 38,26£ for 50€. So going by the 200£, and a cut of 40£, would mean 160£, so for UK, the price without VAT would be approximately 270 USD. So we are pretty close to offsetting the price, just like i and Ben suggested in the first place. And if we take into account roundings and what way the exchange rates are going, we definately are talking about offsetting. @NJ5: I don't think anyone ignored VAT in this topic.