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Sixteen months after the release of its Xbox 360, Microsoft Corp. is unveiling a $480 "elite" version of its next-generation console April 29 that will come with a 120GB hard drive and cables for HD hookups. This is a new SKU in our lineup," Albert Penello, director of global platform marketing for Xbox, said of the Xbox 360 Elite. "As we introduce the larger hard drive, new people can make a choice. http://uk.reuters.com/article/technologyNews/idUKN2724344720070328?pageNumber=1



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