Microsoft said late on Wednesday it will cut the prices of its Xbox. But prices in the United States will not change, Microsoft spokesman David Dennis said, adding that each market makes its own decision on the matter. Microsoft said in a statement it would cut the price of the Xbox 360 console to C$349 from C$399, while the premium Elite model with a larger hard drive would drop to C$449 from C$499. The more basic Arcade model is dropping to $279 from C$299.
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