After watching sales of its consoles slow to a trickle in recent months, Microsoft this week announced another round of price cuts for the Xbox 360.
The Arcade system, which does not include a hard drive, will now be available for $199, making it the only next-gen console on the market for less than $200. The Xbox 360 Arcade had been retailing for $279. The standard Xbox 360, which now features a 60 gigabyte hard drive, will be $299 (down from $249). The Elite bundle, which includes a 120 GB hard drive, will be available for $399, $50 less than its previous price.
New console prices go into effect Friday, Sept. 5.