Xbox 360 PR representatives, Edelman, have announced a price cut for the that is heading to Spain.

Edelman announced via the ever-popular that both and Elite SKUs will be seeing a price drop.

The tweet said: "Great scoop from Twitter: From Monday May 3, the arcade will cost 169 Euro and 199 Euro Elite game".

The price drop could be seen as further confirmation that will be announcing their rumoured 360 Slim at E3 next month. Don't hold your breath though.

Thanks VG247.

By Ewan Aiton