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MS confirms European Xbox 360 price cuts

About bloomin' time...

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Credit-crunch stricken gamers rejoice, because Microsoft has finally announced a long overdue European price cut for its Xbox 360 range.

The software giant has confirmed that as of 19 September - this coming Friday - the Xbox 360 Arcade model will sell for £130/€180, £20 less than it costs today.

Microsoft will also cut the price of the Premium model by £20, bringing the console to £170/€240. The flagship Elite model’s price will be reduced by - you guessed it - £20, meaning it'll set you back £230/€300 this weekend.

Neil Thompson, Senior Regional Director for Microsoft UK, said the cut was possible thanks to global sales of over 20m Xbox 360 consoles so far. “We are now able to pass on the rewards of that success to the consumer with a new retail pricing,” boasted Thompson.

PlayStation 3 fans are likely to be pretty peeved at news of the Xbox 360 price cut, because Sony said earlier this year that there’ll be no UK PS3 price cut this year.

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