Microsoft today announced that in the UK it will be dropping the price of the Xbox One to £399.99 starting on February 28th. This price will be in affect for a newly announced Titanfall bundle as well that gives you a download code for the game and a month of Xbox live for free. Xbox UK Marketing Director Harvey Eagle told Gamespot earlier today that they have no plans to make price cuts in any other territories at this time but this will make it the first time that the PS4 and Xbox One are at the same price point in any territory selling them right now.
