Microsoft cuts price of Xbox 360
Microsoft on Sunday cut the price of its best-selling Xbox 360 Pro model game console with a 20GB hard drive from $349 to $299.
The company also introduced a new Xbox 360 model with a 60GB hard drive. It will go on sale in stores in the U.S. and Canada for $349 in early August.
Microsoft's announcements, which were widely expected, come on the eve of the start of this week's E3 video game industry trade show in Los Angeles.
Rumors of the Xbox price cut swirled on popular gaming blogs Joystiq and Kotaku last week. The … Read more
