An updated Xbox 360 is set to arrive in stores in early August. The $350 replacement will feature a 60-gigabyte hard drive. That will allow a lot more space for users to store games, TV shows and movies Microsoft sells on its Xbox Live marketplace web site.
Microsoft is trimming the price of its Xbox 360 to make way for a new model with a bigger hard drive. The price drop had been expected. The video game console dropped from $350 to $299.