Last week, we reported on rumors about price drops on the various Xbox 360 models. Well today is a new day, and there are news regarding the price cuts overseas. It has been reported that in Singapore, the Xbox 360 got a 19.5 percent price drop. Meanwhile, there was a 17 percent price cut in Taiwan, an 11 percent price cut in Hong Kong, and a 5 percent price cut in South Korea. India saw no price cuts. Asia has been the one region that Microsoft seem to have problems with. These price cuts in the Asian regions is a marketing and sales ploy to increase the sales of Xbox 360s in the region. Microsoft pulled the same stunt in North America and in Europe and met great results. In order to compete with Sony’s Playstation 3 and the ever so popular Nintendo Wii on an international level, Microsoft is hoping these price cuts would boost sales of the Xbox 360, which is third behind the two mentioned consoles. Hopefully Microsoft will see success with this move. Again, only time can tell.

- Geoff

[Source: Half Life Source]