Microsoft Cuts Xbox 360 Elite Price
Microsoft announced Thursday that it will reduce the price of the most expensive Xbox 360 unit by $100.
According to the Associated Press, the company will now sell the Xbox 360 Elite console for $299, a change that will go into effect Friday. The move puts the price of the console in line with that the of the rival Sony PlayStation 3, which just released a new Slim edition that also came with a $100 price cut.
The company also offers the Arcade edition of the Xbox 360, costing $199.