Microsoft has slash down the prices of the XBOX 360 game Console in the Europe and UK shop by £40.

The basic model of Microsoft XBOX 360 game Console(Arcade console) has slash down drastically and reduced to MRP of £159.99 which make xbox 360 £20 cheaper than the Nintendo wii game console and brings xbox 360 arcard model in cheapest category.

So after the reduction XBOX 360 20Gb Premium game console Package is now costing only £199.99 Where as 120GB XBOX 360 Elite Console is £259.99 which makes it £40 cheaper than the Playstation3 40GB game console.

This step was a new stratergy by Microsoft to give stiff competition and to capture the game console market and become a leader in cheap and best gaming system.