As we predicated, and as everyone knew, Microsoft has officially cut the prices of its XBox 360's to better compete with Sony's recently price slashed and more slim 120GB PlayStation 3. Microsoft will be discontinuing the Xbox 360 Pro which was originally priced at $299 and will now be priced at $249 to get rid of the model more quickly. The Xbox 360 Arcade will remain at $199 but the Xbox 360 Elite will drop $100 bucks from $399 to $299 but the downside of the price cut is that the Elite will no longer come with the HDMI cable.
Read more: Tech Fragments
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