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Microsoft announces European Xbox 360 price cuts

Following rumors that Microsoft would be living up to its promise of turning Europe into a battleground with a Xbox 360 price drop, the company has officially cut the price on all three SKUs. The Xbox 360 Premium is now €269.99/£199.99, the Elite €369.99/£259.99, and the Arcade €199.99/£159.99—a drop of €80/£50, €80/£40, and €80/£20, respectively.

The new price drops arrived prematurely on Amazon UK following a Financial Times report which claimed a similar price drop was imminent.

Read more: arstechnica.com

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