Xbox 360 price drop

Good news for many, this Friday the 120GB Xbox 360 Elite will have a price cut, it will sell for $299.99, while the popular 60GB Xbox 360 Pro will be cut to $249.99. Despite being Microsoft’s current top selling model, production of the the Xbox 360 Pro has already stopped, Aaron Greenberg, director of product management for the Xbox 360, said.

“With the Pro console we are dropping the price down $50 to $249 while supplies last,” he said. “Moving forward we will have two (models), the $199 Arcade and the Elite console for $299.”

The $299 Elite will have one difference from the current models of the Elite, Greenberg said, it will no longer ship with an HDMI cable.

“As we continue to refine and make improvements on the internal components for the Xbox 360 and costs come down, we pass those savings on to our customers in the form of price drops,” he said.

Microsoft also denies the rumors of a slim version of the console.

This move by Microsoft comes one week after Sony announced the slim version of its PS3 for the same price.

There you have it folks, prices are lowering thanks to these 2 companies spending less money in the building process, let’s hope we don’t see the lights of death again 😛

Source: Kotaku.