Xbox 360 Elite suggested prices

Xbox 360 Elite system and related peripheralsThe yet to be released new Xbox 360 Elite has been reported to cost an approximate £329.99 and $479 in the US according to on10.net.

However, Microsoft have not yet released the pricing details officially. The pricing details are expected closer to the launch date of August 24.

The Xbox 360 Elite will boast a 120 gigabyte hard drive, a HDMI video-out port, black casing, and black peripherals. All other specs of the Xbox 360 are the same of the normal Xbox 360. The 120 gigabyte hard drive is “the largest available for any gaming console”.

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