Microsoft drops Xbox 360 price in Europe

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We heard mumblings last week about the possibility of a price drop in Europe for the Xbox 360 and earlier this morning they came true. The price of the 360 now starts at €199.99/£159.99. I’m sure this has nothing to do with the upcoming GTA IV launch, but Microsoft did say they were going to own that game and a price drop certainly helps their case, right?

From Friday, 14th March, Xbox 360, which includes a 20GB hard drive and one wireless controller, will have an ERP of €269.99/£199.99 – a saving of €80/£50 on the current ERP. The Xbox 360 Elite, which comes with a massive 120GB hard drive enabling consumers to store huge quantities of content downloaded from Xbox LIVE™ Marketplace as well as their own music, will have an ERP of €369.99/£259.99 – a saving of €80/£40. The Xbox 360 Arcade console, perfect for those wishing to make their first foray into the gaming and entertainment world of Xbox, will have an ERP of €199.99/£159.99 – a saving of €80/£20.

Press Release