We brought you rumors of it last week, but now it's been confirmed by Microsoft that the Xbox 360 will be receiving across-the-board price cuts this Friday, making the Arcade version of the console cheaper than the Wii. Straight from Major Nelson (along with our own exchanges into U.S. dollars) here's how it shakes out:
  • Xbox 360 Arcade – was €269.99 / £199.99 ($414) now €199.99 / £159.99 ($307)
  • Xbox 360 Pro - was: €349.99 / £249.99 ($536) now: €269.99 / £199.99 ($414)
  • Xbox 360 Elite - was: €449.99 / £299.99 ($691) now: €369.99 / £259.99 ($566)
If you'd like to see how that compares industry-wide, the Wii will cost you € 234 ($356) on Amazon's UK site, while the 40GB PS3 is €370 ($563). Now we'd like to hear from our European friends: If you haven't bought a 360, is this enough to motivate you to do it?

This article was originally published on Joystiq.

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