Xbox 360 Elite
Microsoft will sell a new version of the Xbox 360 with a much larger 120-gigabyte hard drive and a better high-definition video connection.

The goal is to expand the Xbox beyond just the video game market.

The new Microsoft Xbox 360 Elite will sell for $479.99. Those who already have the 20-gigabyte model will be able to buy a 20-gigabyte hard drive for $179.99. Both the new console and the drive are expected to be in US stores April 29.

[tags]Xbox 360 Elite, Xbox 360[/tags]

As a buying frenzy surrounding the U.S. launch on Friday of Sony’s PlayStation 3 video game console moved out of the stores and onto the Web, while gamers’ attention turned to Sunday’s launch of Nintendo’s Wii.

Hundreds were making big profits reselling newly bought PS3s on Internet auction sites such as eBay. Nearly 800 units, which retail for $500 and $600, had sold online on Friday for an average price of $2,717, bringing the total sold to just over 3,600, according to eBay Marketplace Research. [Read more...]