It is official. After many rumors going on, and ads from your local Walmart about a $299 XBOX 360 Elite, Microsoft has confirmed the price drop of the Elite console. The XBOX 360 Pro was formerly $299, but now Microsft has dropped the price of the Elite down to that price so to compete with the new price drop from the PS3 Slim. The XBOX 360 Pro will no longer be available.
Look out Nintendo. Everyone's dropping prices but you.
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