Xbox 360 price cut March 14th
50 Euros per SKU, cheaper than Wii

TechRadar understands that the price of every Xbox 360 SKU is to be slashed by 50 Euros on March 14th across Europe, according to numerous well-placed games industry sources.

We have corroborated this story with numerous UK retailers this morning that the 360 price is set to be slashed on this date.

The rumour is that the price cut will be in the region of 50 Euros per SKU (£38.26 at the current exchange rate) which we will confirm as soon as we find a retailer willing to go on record. Microsoft has of course responded with a swift 'no comment' when we contacted them this morning to ask for confirmation on this news.

This effectively means that the cost of the Xbox 360 Elite system on Amazon will be in the region of £240 and the basic Arcade system (without a hard drive) will cost in the region of £150.

Which means that the Xbox 360 is to be cheaper than the Nintendo Wii this coming Easter.

TechRadar spoke to a Gamestation store manager earlier today who expressed surprise that a price cut was being introduced.

“We are currently selling the Elite plus one game at £330, the Premium system with any game at £280 or £260 with FIFA Street or Assassin’s Creed and the Arcade version for £230 with any game or £220 with FIFA Street,” the retailer told us.

Knock around £40 off those prices and you have what is clearly this Easter’s biggest gaming bargain. “I might even buy one myself now,” the store manager quipped.

 

http://www.techradar.com/news/gaming/rumour-xbox-360-price-cut-march-14th-257400

 

Can a $50 drop in America be far behind? 

 

 

>The rumour is that the price cut will be in the region of 50 Euros per SKU (£38.26 at the current exchange rate) which we will confirm as soon as we find a retailer willing to go on record.


and I shall comment on it as soon as it gets confirmed. ;)

There is also this one. 

 

http://www.mcvuk.com/news/29820/Xbox-360-price-cut-coming-this-month

 

 

Seems something is definitly up.

 

Would it even be possible for MS to cut the price in only one territory like that? 

hmmm, might be something up. We all know Microsoft is terrible at keeping anything a secret. lol

Now Sony, the ball is in your court, DO SOMETHING!

Lol, I guess my hope for an $80 cut was unfounded then. Let's see what $50 does.

starcraft said: Lol, I guess my hope for an $80 cut was unfounded then. Let's see what $50 does.

Well using the current exchange rate according to xe.com:

50 Euros = 76.16 US Dollars

so it would almost be an $80 cut for them

 

sharky said: There is also this one.    http://www.mcvuk.com/news/29820/Xbox-360-price-cut-coming-this-month     Seems something is definitly up.   Would it even be possible for MS to cut the price in only one territory like that?

Yes it does. In NA its sales are at pretty good level and there's basically nothing that they can do in Japan. But, in Europe, they know that they can sell the system if the bargain is good enough. Besides, this is just about the time to maximise the pricut and GTA4 effect. They would be trying to do the same that they did with Halo 3 in NA. Oh, and i forgot, 360 Arcade would still be more than 300 USD. So they could just fix the price to offset currency exchanges. Just like Sony has done in Canada.

smbu2000 said: starcraft said: Lol, I guess my hope for an $80 cut was unfounded then. Let's see what $50 does. Well using the current exchange rate according to xe.com: 50 Euros = 76.16 US Dollars so it would almost be an $80 cut for them

 
We can dream:)

starcraft said: smbu2000 said: starcraft said: Lol, I guess my hope for an $80 cut was unfounded then. Let's see what $50 does. Well using the current exchange rate according to xe.com: 50 Euros = 76.16 US Dollars so it would almost be an $80 cut for them   We can dream:)

Yeah, hehe. Oh I forgot you're in Australia, right? Well then 50 Euros = 82.12 AUD, so there you go an $80 cut!

Just in time for GTA4, well played MS...well played.

Also all those sales of hard drives when people realise they need one for GTA4.