Word from techradar.com is that Microsoft is going to hack £38 from the price of XBox consoles across Europe.
It’s as yet unconfirmed by the big M but this would mean that the basic 360 Arcade console will cost as little as £150 when the expected price cuts come into play on March 14th – yup, that’s next week folks!
That’s cheaper than the Wii, and around half the price of the PS3! Nice.
The XBox 360 Elite will also come down to around £240.
I think that we can take this as a sign that Microsoft are taking Blu-ray’s win in the format wars (and the expected surge in PS3 sales) seriously indeed. Let’s wait for this new round of warefare to gain momentum!
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I think this war can only benefit the end users, I’m glad to see PS3 didn’t kill Sony Entertainment but by the same token I’m a bit dismayed to see the 360 not having a credible HD video format anymore. Wonder what will be happening in 12 months time?