Microsoft has confirmed that the Xbox 360 Elite will drop in price to GBP 199.99 in the UK and EUR 249.99 in Europe from tomorrow, August 28. The Xbox 360 Elite will no longer ship with a bundled HDMI cable, and in the US the Elite model will retail for USD 299. The Arcade will not see a price rise in North America, remaining at the USD 199 price point
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