Xbox 360 price is down by $50 dollars

Due to slowdown in sales, Microsoft announced a drop in the estimated retail price of their Xbox 360 console, by up to $50 to $349, as of Aug. 8, 2007. Two other configurations of the Xbox 360 will be cut by $20 and $30.

Microsoft Adds Instant Messaging To Xbox

Microsoft will be integrating Live Messenger into the Xbox platform on May 7, linking 260 million Live Messenger PC and Smartphone users with 6 million Xbox Live users.

Xbox Live users will be able to chat with up to six contacts simultaneously by plugging a USB keyboard into the Xbox.

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Microsoft announces Xbox 360 Elite

The Xbox 360 Elite, fully updated and revised version of its Xbox 360 console, will go on sale in the US on April 29 for $479.99 with a UK release expected later in the year.

Xbox 360 Elite will include a 120Gb hard drive, Xbox Live Headset, an HDMI port and bundled HDMI cable allowing for 1080p High-Definition visuals to be displayed on an HD-ready television.

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