Microsoft Slashes Price On the Xbox 360
Needing to Keep up with Sony Playstation 3, which also had a price cut down to $299. Microsoft steeped up and also Slashed the price for the 360 Elite Console.
The empire has officially struck back.
On Thursday, Microsoft confirmed weeks of speculation by formally announcing a $100 price drop of its Elite model Xbox 360 console, now set at the competitive $299 price point. "
The newly discounted Elite, which packs a 120 GB hard drive, will replace the company's standard 60 GB Xbox 360 Pro model, which itself will enjoy a $50 price cut (to $249) while supplies last. Microsoft will continue to sell the budget-minded but feature-lite Xbox 360 Arcade model alongside the Elite at its current price of $199.
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Source-Yahoo
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