Xbox 360 sales doubled after the first week of price cut

After recent price slashing, Microsoft's Xbox 360 has been quite well in sales. While Microsoft did not reveal on how many consoles were sold exactly, it claimed that the Xbox 360 sales has doubled.

Microsoft initiated the price cut of Xbox 360 on September 5th all across the board. The cheapest Xbox 360 "Arcade" model was priced lower than the popular Nintendo Wii at $200, $80 less than previous price tag. The Elite and standard model was down by $50 to $300 and $400 for the Elite edition.