http://www.gamedynamo.com/article/showarticle/838/en/Microsoft_Cuts_Xbox_360_Price_in_Spain_in_Wake_of_PS3_Ban

Microsoft announced today through their Spanish Twitter feed, @Xbox360_Spain, that a massive sale has begun effective immediately on 250GB Xbox 360 consoles as well as 4GB Xbox 360 Kinect bundles.

It is likely Microsoft has decided to make the cuts to their console's pricing in an attempt to gain market share in Europe in light of yesterday's announcement that Sony PlayStation 3 consoles have been temporarily banned from being sold in Europe due to LG's patent infringement claim.

GameStop in Spain confirmed the big sale via their Spanish Twitter feed, @GameStop_Iberia, as well, letting potential consumers know that both Xbox 360 SKUs will get a price cut of a full 50 euros.

That brings the 250GB price from 249.98 to 199.98 and the 4GB + Kinect bundle from 299.98 to 249.98 euros.

We have been unable to confirm it, but it is likely that similar offers will crop up across Europe in order to take advantage of Sony's misfortune.

Sources: @Xbox360_Spain, @GameStop_Iberia.

Smart move I think.

Nah, they're better off waiting until fall. This PS3 ban won't go past 10 days, so they're not going to get people looking for a PS3, not being able to find one, and picking a 360 insted.

LOOOOOOOOOOL! Go, M$!

Probably should have waited until the Holidays for it...

And it's a bit stupid that it's only Spain too lol

They jumped the gun. Sony will not let the ban last past 10 days.

"Update We just learnt that Amazon UK has also reduced the price of the both the 250GB Xbox 360 and the 4GB Kinect Xbox 360 Bundle by £15. It appears that Microsoft is in fact reducing prices for their console across Europe."

I guess I figured with the shipments being held up that after this next week and a half they are only then going to be able to start shipping them out where needed.

Thought it could get them a week or two.

That's funny I thought there was enough PS3 stock for the next 10 days? Or was it 2-3 weeks?

I don't think this is because of the ban..

Yeah I did read that somewhere too, I think there is about 2-3 weeks of supply left, if anything this will make those agnostic panic and get a PS3, I won't be surprised to see next weeks(this weeks) numbers to have an increase.