Microsoft to slash European Xbox 360 prices?

The prices of European Xbox 360s will be cut substantially as of March 14th, a new report claims. The account cites a number of "well-placed games industry sources," along with a variety of UK retailers, who together suggest that the quoted date will see prices fall by €50 across the continent. The cut is also said to be applicable to all versions of the 360, including the Arcade, the standard model, and the high-end Elite. The latter two consoles should for example cost approximately £150 and £240 in the UK.

The cut to the Arcade may have particular industry relevance, as it will bring the price of the system under that of the Nintendo Wii, which currently beats the 360 and Sony's PlayStation 3 in sales partly because of affordability. A change in prices may also be the harbinger of Microsoft's rumored "Jasper" redesign, which would improve cooling, noise and power efficiency for the 360. [via TechRadar]

Filed under: industry, gaming
Other story tags: Microsoft, Xbox 360, Europe, Xbox, Jasper