Microsoft Strikes Back By Dropping The 360 Elite Price
Just a week ago Sony announced a bombshell by dropping the PS3’s price to $299; now it looks like its Microsoft’s turn. Microsoft announced today that the Xbox 360 Elite’s price will be dropped to $299 and that the 60gb pro console’s price will dropped to $249 since it is being phased out.

Another thing that Microsoft stated was that all the new Elites will not be packaged with HDMI cables or the HD AV cables simply because they found that most of the Xbox 360 users don’t use either one.
What do you guys think about this price drop? Please leave a comment.

ps3 slim vs elite
ps3 slim wins you get more for your money
thats why ms dropped the price as well as the hdmi stuff which saves them more money
when e3 happens i bet sony will have close the gap easy