Austin360 blogs > Digital Savant > Archives > 2009 > August > 27 > Entry
Xbox 360 Elite drops to $299; 360 Pro is no more
As expected, Microsoft has announced it’s dropping the price of its flagship Xbox 360 Elite game console to $299.
That comes on the heels of a price drop from competitor Sony, which is now selling its PlayStation 3 for that price. Sony is also introducing a smaller PS3 called the “PS3 Slim” for $299.
The Elite is a black console that comes with a controller, headset and 120 GB hard drive. The other version of the Xbox 360 is a stripped-down “Arcade” edition that does not include a hard drive. It costs $199. The Xbox 360 Pro, which was $299, is being phased out and will cost $250 until supplies run out. That model has a 60-GB hard drive. The new pricing goes into effect on Friday.
Game sales have softened over the last few months and both companies will be expecting the price cuts to spur holiday sales. Nintendo, which sells the Wii for $250, has announced no price cut on its console, despite dips in sales.
News of the Elite price drop was leaked early in a Wal-Mart circular that listed the price reduction.
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