
The system, which features a 120Gb hard drive and an HDMI digital output, has yet to receive official price details but is currently on sale for $479 (£244) in North America.
The Elite announcement was the main news during Microsoft's E3 presentation, but the firm also revealed other interesting information.
Microsoft announced it will launch a video-on-demand service in time for Christmas.
It also confirmed downloadable content for Rockstar's Grand Theft Auto IV will be exclusive to the Xbox 360 and that Resident Evil 4 will be out next year on the format.








