XBOX 360 Price Drop!!

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It's Official: Xbox 360 Sees Price Drop
All system types to see cost reduction.

August 6, 2007 - Microsoft has just given word that it has officially dropped the price of the Xbox 360 by $50 U.S. dollars to coincide with the release of Madden NFL 08. Beginning August 8, the "Premium" system will retail for $349.99 (down from $399.99) and will still come complete with a headset, controller and 20GB hard drive. The Xbox 360 core system, which is the system only, has dropped $20 itself -- down to $279.99 from $299.99.

In "special package land," gamers with extra money to spend can pick up the Elite version of the Xbox 360 for $449.99 (down thirty bucks from its original $479.99 pricing). The Halo 3 Xbox 360 will ship in September for $399.99.

"The fact that we have been able to keep our launch price longer than any other console while retaining our leadership position demonstrates that consumers believe in the value of Xbox 360," said Mitch Koch, corporate vice president, Global Retail Sales and Marketing Group, Entertainment and Devices Division at Microsoft. "On the eve of the best holiday games lineup ever and the launch of Madden NFL 08, there has never been a better time to jump into Xbox 360."

-IGN.com

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Canada Gets $100 Xbox 360 Price Cut
MS brings good news to our cash-strapped neighbors to the north.

August 7, 2007 - On the heels of its price-slashing, everything-must-go announcements in the United States on Monday, Microsoft announced today that it will cut the price of its Xbox 360 by $100 CDN starting Wednesday.

Timed to coincide with the release of Madden NFL 08 on Aug. 14, the price drop applies to all models: the stripped-down Core, the flagship Xbox 360 model (formerly called the Premium) and the black-clad Elite.

Respectively, those consoles will now cost $299, $399 and $499 CDN.

For those Canadians who yawn at football and won't be swayed by Madden's release, Electronic Arts will likely snare them next month - NHL 08 is set for a Sept. 11 release.

-IGN.com