well either way these are how i see it:

ps3:

60GB - introduced at £425, reduced to £350

40GB - introduced at £299, no reduction

360:

arcade/core - introduced at £208, reduced to £129

premium - introduced at £279, reduced to £169

elite - introduced at £299, reduced to £229

if you want to calulate the reductions as a whole, against the launch ps3 and the current cheapest ps3, the difference is £425 - £299 = £125.

do the same with the 360, the launch 360 against the current cheapest 360 is £279 - £129 = £150. and that's not including the price of the launch elite model.

people want to calulate the ps3 price cuts as a whole but not the 360's, why?

I can offer a couple of guesses...

1) Xbox brand was really weak in Europe at time of 360 launch and I think for a lot of people the idea of MS (the Windows/Office company) offering hardware and a games console at that just made them go 'huh?'

2) by the time 360 was seeing some traction, mainly in UK where I think the basic brand was strongest at launch, RROD reared its head, and at least on the evidence it would seem that in Europe peoples appetite to accept the failure rate (even with an extended warranty) was a fair way behind US

3) a lot of 360 focus is Live and online MP shooters (look at the figures for Halo 3, Gears and COD4 online, its massive!) and in many European countries the PC owned that market not consoles.  360 was seen as another 'poor man's PC' just like the Xbox before it

4) I doubt this was a major influencer but in general I think MS reputation here is a little lower than in US, and with MS getting lots of fines/news coverage for anti-competition laws in Europe the 360 was/is operating under that brand perception cloud

5) I also think while BR is nice its probably hindered the console more than its helped it in Europe (at least until now).  If BR sales increase it will become a selling point 360 doesn't have and so I see this more as a future boost waiting to happen for the PS3

Really, given brand perception, if PS3 had been less powerful and launched with a lower price and the latest Jak, Sly, etc. games it would probably be giving the Wii a run for its money and would have crushed 360 in Europe.  Luckily for MS its focus on new IP, shooters and online has both gone down well with some but also I think given it similar issues to 360 - albeit with a better brand to minimise impact.

The 360 is a very good console with very good games, but I think there is no denying that its core offering actually isn't as strong in Europe as US due to continued PC market for online/shooters, brand perception and its percieved failure rate (i.e. it doesn't matter if it does or doesn't suffer from RROD anymore, most people assume it does and therefore buy accordingly).

Actually, the correct answer is that neither side wants to properly calculate the price cuts.

The cheapest X360 model, which was the Core/Arcade went from 199 to 129, and the Playstation 3's cheapest model went from 425 to 299 (from my understanding). If that's the baseline - the cheapest model - the X360 has obviously had smaller cuts. Say what you will, but both companies offered reduced functionality devices/modifications after the console(s).

However, the advantage for the PS3, in theory, for Europe is the fact that there was no 20GB model in Europe. It launched with the more expensive 60GB model, but didn't have the EE, so it was a slightly more gimped model than the US/JP 60GB model. And of course, that unit got axed in favor of an even more gimped PS3 in the 40GB model.

So in conclusion, the X360 has had a realilistic price drop of 80 GBP for the baseline model, versus 125 GBP for the PS3 baseline model - The major issue, however, is that the PS3 version took away a lot of functionality, whereas the X360 added some.

So if you were to compare, Sony was the definate one that looked 'desperate' - They cut their prices and functionality much deeper and quicker than MS, whereas MS hasn't dropped prices as quickly across their models. But on the financial side, both are equal due to the functionality changes: Sony most likely wasn't impacted as much as the 125 GBP drop "seems" versus the X360's 80 GBP drop, since the Arcade/60GB added, and the 60GB/40GB PS3 subtracted.

This. 

For some reason, RolStoppable's posts make me feel all warm and fuzzy inside. 

Great points. Yeah I could see all of these points impacting the sales of 360. Looking at history, Europian market is always trcky to figure out. But if the main perception is that the xbox is a low end pc, shooter box console ...that generalization is wrong. Looking at xbox live games and all the RPGs and different types of games coming out...perhaps 360 doesn't market it self properly in Europe.

thats another thing, I do not know what kind of marketing is being done in Europe. Perhaps the ps3 ads in Europe are far more effective than the ones shown in the States. Hence it has the "coolness" factor...

I honestly don't think loyalty has much to do with it as both Sega Genesis and Master System dominated Europe but when Sega Saturn came out it wasn't given any public support what so ever.

This is obvious. It would be more interesting to compare the potential demand of the PS3 and the Wii.

fixed..

but it doesn't make sense !.. wait.. it does ! :P

ps3 is a way better gaming system than the xbox 360.. and it looks better too. Coming from a european this is why the ps3 is better. Also when i casual talk about consoles they will eiter talk about playstation or the wii, i've not really heard anyone mention the xbox outside of hardcore gamers.

if your going to skip to the conclusion then why bother replying , to increase your already ridiculous post count ?, the conclusion does serve as a summary in a way but you won't understand my argument properly without reading the main part of it.

The purpose of the disclaimer was to indicate my dislike to people who entered threads and went "LOL NOOB" then left , obviously it won't have much affect because those people don't read much anyway but I just wanted to point it out , justifying your opinion requires intelligence .

Iagree 360 library is bigger than just shooters, again I think it's more about perception than reality.  It might just be me but the 360 ads I see always seem to be about shooters, etc. (or at least 90%).  I also agree on brand loyalty - having a good brand is a great help, but you've got to deliver or the market will punish you.

I think the bottom line is that first and foremost the 360 image/offer/launch worked best in US and that is why it has the lead over PS3 it does there.   It also went down well in UK and some other territories but outside of that for one reason or another its just not taken hold.

they had a price cut in feb.

i doubt many were waiting for price cut that was just announced today and have been outsold the whole year.