Xbox 360 price cuts are already bearing fruit in the UK. The region's sales of Xbox 360 rose 43 percent during the week ended Saturday, August 29, GfK Chart-Track
told Edge Online.
Microsoft timed its 30 Xbox 360 Elite price cut to coincide with a three-day bank holiday weekend in the UK, and the price reduction also took effect before the 249.99 PS3 Slim reached store shelves today.
In the UK, the price of the lowest-end Arcade SKU was raised 30 to 159.99, as Microsoft begins phasing out its Pro SKU in the UK as with other regions.
Japan will see its own Xbox 360 Elite price cuts, as Microsoft has also announced a reduction there from 39,800 ($430.00) to 29,800 ($322.00). Other Asia-Pacific regions are expected to see price reductions go into effect beginning September 10.