European Xbox 360 price drop a go?

Will the rumored European Xbox 360 price cut turn out to be true after all? According to a German business publication, it’s going to be a go. While we’re crossing our fingers with high hopes that this is already a confirmation of the price cut, we’re still filing this one under rumors. Check out the details in the full article.

It looks like the aforementioned rumors of an Xbox 360 price cut in Europe will turn out to be true after all: The German edition of Financial Times just reported that Microsoft will indeed have price cuts in store for European Xbox 360s.

The publication also cited the following price changes that will supposedly take effect once the cut pushes through: The Xbox 360 Arcade SKUs will reportedly be priced at only GBP 150 (or EUR 199, US$ 306), while Xbox 360 Pro units will clock in at  GBP 230 (EUR 299, US$ 460). A price change for the Elite console wasn’t reported, however.

Some reports also mentioned that Bart Smith, a Dutch retailer, confirmed the reports about the new Xbox 360 prices, but it’s better to wait for Microsoft Europe’s official word, which is purported to come out on Monday morning, and until then, we’ll file this juicy tidbit under rumors.
Also, will the above price changes be applied to other markets as well? Only time will tell.