1] The 360 is doing poorly in the EU. With the PS3 outselling it, predictions are that soon there will be more PS3's in Europe than 360's, even with the year headstart.
2] The exchange rate's gotta be working in their favour, allowing them to do this.
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Man, if they bring those cuts to the US I'm going to have to go get a 360.
That's not gonna happen and I'll tell you why:
1] The 360 is doing poorly in the EU. With the PS3 outselling it, predictions are that soon there will be more PS3's in Europe than 360's, even with the year headstart.
2] The exchange rate's gotta be working in their favour, allowing them to do this.