Microsoft to launch Xbox 360 Elite in October

Microsoft Corp said on Thursday it would launch the advanced version of its Xbox 360 game console, Xbox 360 Elite, on October 11 in Japan, a country where sales of its game gear trail far behind rival machines from Nintendo Co Ltd and Sony Corp.
The Elite's 120-gigabyte hard drive, six times bigger than the regular Xbox 360's hard drive and twice as big as that of Sony's PlayStation 3 console, can store thousands of songs as well as a library of high-definition TV shows, movies and arcade games.
It will sell for 47,800 yen ($390), compared with 29,800 yen for the most basic version of the Xbox 360. Although popular in the United States, the Xbox 360 has seen slow sales in Japan.The Xbox 360 Elite is already sold in North America for $480.