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Xbox Price Cut & Plans 60GB Model

by Guest
7/15/2008
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Starting Sunday, the Xbox 360 console with a 20-gigabyte hard drive will cost $299 in the U.S., down from $350. An updated Xbox 360 is set to arrive in stores in early August. The $350 replacement will arrive with a fat 60GB hard drive, significantly more space for storing the games, TV shows and movies Microsoft sells on its Xbox Live Marketplace Web site. Microsoft did not adjust prices for the Xbox 360 Arcade version at $280, or for the Xbox 360 Elite, a $450 model with a 120GB hard drive.

As of the end of May, Microsoft had sold 10.3 million Xboxes in the U.S., according to data from market researchers NPD Group. By comparison, Nintendo had sold 10.2 million Wii consoles, and Sony had sold 4.5 million PlayStation 3 machines.


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