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Its only natural that we would expect Microsoft to hit back after the announcement of a slim PlayStation 3. After some believable rumors, and a few dodgy camera phone pictures Major Nelson has posted on twitter, it looks like the Xbox 360 Elite will receive a $100 price cut in the US.

Hit the jump for all the details.

Starting Friday, August 28th (tomorrow) the price of the Xbox 360 Elite is getting a one-hundred dollar price cut in the United States.

Here is how the new pricing breaks down:

Xbox 360 Elite $399.99 now $299.99*
Xbox 360 Pro $299.99 now $249.99* While supplies last
Xbox 360 Arcade $199.99 $199.99*
* (ERP) Estimated retail price in the United States

Betcha didn’t see that coming…did you ?

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Seems like the Pro model is on the way out to leave only  ‘high’ and ‘low’ end models of 360 available.

Xbox 360 Elite- $299

PlayStation 3- $299

Let the youtube comparison videos begin!

  1. i spent £180 ($240) on a pro about 3 months ago and have already got that much value out of the thing so i am really not that bothered by this but i feel i should be.

  2. yeah, if I didn’t get massive amount of playtime out of my launch 360, then I’d be a bit bitter.

  3. This is always bound to happen. I wonder how Gamecube owners who bought the console at launch felt when, one day, it suddenly dropped to $99 USD?

    Oh well, it’s like Chris just said (sort of), as long as your console is seeing a lot of use, it’s likely that you got your money’s worth.

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