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Price cuts always create some demand but the important thing is after the initial blip will the xbox one continue to sell at a higher level. The UK is isolated in Europe in that it does have much higher sales for xbox one than mainland europe. Across the english channel the sales level of the xbox one is truly abysmal.

The USA and UK will be the Xbox's one final stand before the PS4 engulfs it and the xbox one becomes a minority format even in those regions.