Take that, Sony! Microsoft slashes Xbox 360 Elite by $100

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xbox360Last week Sony cut the price of its 80GB PlayStation 3 console by $100 and announced a slimline 120GB version will debut next month at the same price point, $299.

Not to be outdone, Microsoft will lower the price of its Xbox 360 Elite from $399 to $299, effective Friday — putting the two consoles on a more even footing going into a recession holiday shopping season.

The company also is expected to phase out the mid-range Pro console, which will get a $50 price drop, to $249 from $299, while supplies last.

Nintendo is the only video game company that hasn’t budged on its console prices, but the speculation is that won’t last for long: Sales of the $250 Wii dropped last month for the first time since it launched three years ago, and recent software lineups just haven’t been living up to expectations.

Microsoft dropped the Xbox 360’s price ($80 or $50, depending on the hard drive configuration) around this time last year.

Clarification: As a commenter points out, while the Xbox and PS3 will have the same pricetag off the shelf, it’s technically less expensive to own a PS3 because the PlayStation Network online service is free — whereas Xbox LIVE requires a paid subscription above and beyond the console’s cost.

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About the author

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Scott Kirchhofer

One of Nerdvana's founding bloggers, Scott Kirchhofer is a graphic artist and designer of the Nerdvana logo, as well as a gamer and comic book movie fan.

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  • The prices may look the same but that’s deceaving because with the XBOX 360 you still have to pay 100.00 if you want to go on line and once on line you need more money for a year of LIVE. I have both systems and yet if my SECOND 360 dies I will not replace it,I’d rather have something that works more than 18 months on average.

  • The prices may look the same but that’s deceaving because with the XBOX 360 you still have to pay 100.00 if you want to go on line and once on line you need more money for a year of LIVE. I have both systems and yet if my SECOND 360 dies I will not replace it,I’d rather have something that works more than 18 months on average.

  • Sure it costs extra money to get onto Xbox LIVE but at least it works. Every time I get on the PSN (PlayStation Network) I have connection issues and worst of all nobody talks because not everyone on the PSN has a headset device. LIVE costs money but they also give you a headset that most people seem to use. Sure you get some annoying people on there but most of the time it really helps when you’re playing competitive co-op online games. Half of what makes online gaming fun is meeting new people and sharing a common love of games. I get that experience almost every time I’m playing online Xbox games and I’ve never got that with my PS3. While I can’t argue with the Xbox’s horrible horrible failure rate, they do seem pretty good about swapping broken machines for new ones.

  • Sure it costs extra money to get onto Xbox LIVE but at least it works. Every time I get on the PSN (PlayStation Network) I have connection issues and worst of all nobody talks because not everyone on the PSN has a headset device. LIVE costs money but they also give you a headset that most people seem to use. Sure you get some annoying people on there but most of the time it really helps when you’re playing competitive co-op online games. Half of what makes online gaming fun is meeting new people and sharing a common love of games. I get that experience almost every time I’m playing online Xbox games and I’ve never got that with my PS3. While I can’t argue with the Xbox’s horrible horrible failure rate, they do seem pretty good about swapping broken machines for new ones.

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