Xbox price drop by $50

Microsoft has confirmed today and said that the old version of Xbox 360 will see a $50 drop in price in US. This drop is because of brand new Xbox 360 version of Xbox 360 is on its way to North America and it will be Launch in UK on 16th July 2010. In addition to this it is now officially confirmed that the production of older models has also been stopped.

The newly Xbox 360 which includes a in-built 802.11n wi-fi and a 250GB HDD will be retailed at price tag of $299, it is the same price the 120GB Xbox 360 Elite cost to consumers till yesterday.

The new price of Elite Xbox 360 will be now $249, whereas Arcade will cost $149.

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