Submitted by Tommie 2518d ago | rumor  Rumor: Microsoft cutting
Xbox 360 Arcade price to &#8364;199 next week  According to a
Dutch blog, Microsoft is planning to cut the price of the Xbox
360 to €199. This would make the Xbox 360 €50 cheaper than the
Nintendo Wii. Recent rumors were suggesting that Microsoft was
planning to cut the price right before the launch of Grand Theft
Auto IV, to win more potential buyers.  According to the blog
keeper, he has gotten word from a very reliable source close to
Microsoft that the Xbox 360 Arcade will see a price cut to €199.
This price cut would go in affect as of February 14. Microsoft
decided to cut the price after Sony was reporting the PS3 would
surpass the Xbox 360 in total sales about late summer 2008 in
Europe.  Any plans for a price cut for the Premium and Elite
models are highly likely according to the blog. No mention was
given about a American price cut, and it seems this price cut is
purely intended for Europe. (Xbox 360)  Alternative Sources Need
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