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360 price dropped in four Asian markets

According to this Bloomberg report, Microsoft has dropped the price of Xbox 360 in Hong Kong, South Korea, Singapore and Taiwan.

The price of a basic version will drop by 17 percent to NT$10,360 ($340) in Taiwan and by about 11 percent in Hong Kong effective today, Hsieh said. Prices will fall 5.1 percent to 369,000 won ($369) in Korea and by 20 percent to S$499 ($366) in Singapore, according to separate e-mailed statements.

Last month, Microsoft cut the price of the Xbox 360 in Europe for the at least the second time in a year to win customers from Sony and Nintendo. The basic Arcade console fell to 199.99 euros ($311.38) from 279.99 euros, and the model with a 20-gigabyte hard drive dropped 80 euros to 269.99 euros.

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