Starting Aug. 24, Microsoft will charge 350 euros — or about $470 — for the Xbox 360 in Europe.
updated 8/20/2007 3:29:39 PM ET 2007-08-20T19:29:39

Microsoft Corp. said Monday it will slash the price of its Xbox 360 video game console in Europe by 50 euros, following a similar price cut in the United States earlier this month.

Starting Friday, the software maker will charge gamers 350 euros (about $470) for the game system, which includes a 20-gigabyte hard drive. That's a 13 percent price reduction.

Microsoft said it will also start selling the souped-up Xbox 360 Elite console, packed with high-definition video features and a 120 GB hard drive, for 450 euros (about $600)

In the United States, Microsoft recently cut the price of its 20-gigabyte Xbox 360 by 13 percent to $349 and the Xbox 360 Elite by 10 percent to $449.

That reduction followed Sony Corp.'s decision to cut the price of its 60-gigabyte PlayStation 3 by 17 percent to $499 in early July. Nintendo Corp.'s Wii, the least expensive of the so-called next-generation consoles, costs $250 in the United States.

Sony hasn't cut the price of the PlayStation 3 in Europe, but announced in July it would include two games and two wireless controllers with its 60 GB version of the controller for 599 euros (about $800).

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Discussion comments


Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments