August 8, Microsoft will lower the cost of an Xbox.

The Associated Press reports that:
the XBox 360 Elite, which offers high-def videos, will have an estimated retail price (ERP) of $449.99…
the 20GB Xbox 360 pack will now cost $349.99, offering a wireless controller and a headset…
and a basic XBox console, which does not have a hard drive, will cost $279.

August 14, the new Madden NFL 08 football game will be released.

The Halo 3-themed console will hit stores in September for $399.99. It will include a Spartan green-and-gold finish, a matching wireless controller, a headset, and an Xbox 360 Play and Charge Kit.

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