This material may not be published, broadcast, rewritten or redistributed. Redmond, Wash.-based Microsoft has sold more than 31.4 million of the Xbox 360 machines globally, compared with 23.7 million PS3 machines sold by Sony Corp. The Wii has cost $250 since its launch nearly three years ago. without a price cut for the fall, at least for now. The announcement from Microsoft leaves only Nintendo Co.
For the bulk of this year, the industry has suffered from weak sales - hurt by the recession and lackluster game release schedules, which have kept consumers waiting to spend money on new titles. Video game companies hope the price cuts will re-ignite sales in time for the holiday rush. The price cuts are effective Friday, said David Dennis, a spokesman for Microsoft. The cheapest Xbox, the Arcade, which comes without a hard drive, will still cost $199. Forza Horizon 5 Premium Edition Xbox One/Xbox Series XS/PC (WW). It will be available for $249, down from $299, while supplies last. Microsoft, which has had three versions of its Xbox 360 available at three different prices, also was to announce Thursday it is phasing out the mid-range, Pro, version of the console. Get 2-4 free games every month, and get up to 50-75 store discounts on Xbox One. Quickly find people you’ll love to play with using Clubs and Looking for Group. Join the best community of gamers on the fastest, most reliable console gaming network. The price cuts in both cases are worldwide, though the exact amounts vary by region depending on currencies. Gaming on Xbox One is better with Xbox Live Gold. Now, both the Xbox 360 Elite and the PS3 will cost $299.
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