- August 27, 2009 04:53 AM PST
After weeks of rumors, Microsoft’s finally confirmed it–the Xbox 360 Elite is dropping to $299. But that’s not all that’s getting dropped…
With a new box, and without HDMI cables, the Xbox 360 Elite is now $299.While numerous info leaks from retailers have made it known for weeks, Microsoft made it official this morning, announcing that starting this Friday, the 120GB Xbox 360 Elite will be dropping in price to $299. Additionally,the 60GB Xbox 360 Pro will see a cut to $249 on the same day to clear out its remaining stock.
It seems like the Elite may be losing some of its appeal after the price drop, however. Recently released images of the system’s new packaging on Xbox spokesman Larry “Major Nelson” Hryb’sFlickr page (one of which is shown above) seem to show the system without the previously-included HDMI cables. Instead, the system will be sold with composite cables, which cannot display the system in high-definition.
The news comes a little over a week after Sony announced its price drop of the PlayStation 3 to $299 alongside the unveiling of a new PS3 slim model. Here’s Microsoft’s official announcement.
Xbox 360 Drops Elite Console Price by $100
Xbox 360 today invites you to experience more fun, more entertainment and more ways to connect with friends and family at an even better value. Beginning August 28, the price of an Xbox 360 Elite console will drop by $100, now priced at just $299.99 estimated retail price in the United States.
On top of that, the Xbox 360 Pro console will now be priced at $249.99, reflecting a price reduction of $50, while supplies last. Starting at just $199.99 for the Xbox 360 Arcade console,Xbox 360 puts all your entertainment in one place so you can play games, watch movies and TV shows, listen to music, and, coming this fall, keep up with your Twitter and Facebook social circles, all from your Xbox 360. And, as announced earlier this year, the Xbox 360 you buy today will work with code-named “Project Natal” and controller-free gaming in the future.
“With the holiday season right around the corner, it’s already time to start looking for entertainment and gifts that everyone will enjoy,” said Shane Kim, corporate vice president of strategy and business development for the Interactive Entertainment Business at Microsoft Corp. “If you’re looking for deep experiences that don’t require deep pockets, now is the time to purchase an Xbox 360. We’ve got the best games, a vast library of TV shows and movies, new music experiences, more ways to connect friends and family, and so much more on the horizon including ‘Project Natal’?no controller required.”
Source: Gamepro.com



