Microsoft cuts the price of Xbox 360 Elite, discontinues Pro
Microsoft as expected has announced a drop in the price Xbox 360 Elite which comes with a 120 GB Hard Drive. Beginning friday, this most expensive variation of Xbox 360 would be sold at $299, $100 cheaper than its current price. The Xbox 360 Pro that comes with 60GB Hard Drive will be priced at $249 which is $50 cheaper than its current price while there is no change in the price Xbox 360 Arcade which will continue to be sold at $199.
Microsoft has also announced that it will not manufacture more units of Xbox 360 Pro which means that eventually there will be only two models at retail, the 120GBÂ version and Arcade model that comes without a Hard Drive.
This cut is being considered as a competitive move against Sony which earlier this month has cut the price of PS3 by $100 and introduced a slimmer version of PS3.
