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Microsoft confirms 60Gb 360, price cut for 20Gb model

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Microsoft's confirmed the long-rumoured 60Gb Xbox 360 SKU for the US, as well as officially announcing a price cut for the current 20Gb machine.

The 60Gb console will ship in "early August," according to the press release, and is priced at $349.

The 20Gb SKU has now dropped $50 to $299, and is to be available "while supplies last."

"We know consumers need more and more space to store the amazing digital content Xbox 360 offers, and we're giving it to them at no extra charge," said Albert Penello, Xbox director of product management at Microsoft. "No one device offers the depth and breadth of entertainment that Xbox 360 can deliver, and now you'll have three times the storage to manage all that great content."

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