On August 27, 2009

Xbox Picks Up PS3’s Gauntlet

Back to school time is upon us, but it’s not just students who will soon be facing homework. Thanks to Thursday’s announcement that Microsoft is cutting the price of its high-end Xbox 360 Elite video game console from $399 to $299 — matching that of Sony’s new PlayStation 3 Slim — consumers will have to study up on which console now better fits their affordable entertainment needs in a down economy.

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