Almost a month following the 60GB PlayStation 3’s price drop from $599 to $499, Microsoft has applied price cuts of its own to the Xbox 360. The Premium model is now available for $349.99—down from $399.99—and the Core model’s price has slipped from $299.99 to $279.99. As for the high-end Elite version of the console, it has been subject to a $30 drop, from $479.99 to $449.99.
Microsoft had more than just a discount brewing, too. According to Shacknews, Microsoft has started rolling out Premium Xbox 360s outfitted with HDMI video outputs. The site quotes a statement from Microsoft that says retailers are “gradually introducing HDMI-enabled Xbox 360s into the channel to meet demand.” The Elite version of the Xbox 360 already has HDMI support, but Microsoft has no plans to add HDMI to the Core version of the console.