Although it is already available here, Microsoft has announced that it will launch its Xbox 360 Elite this October in Japan. Featuring a 120GB hard drive which is six times bigger than the regular 360 and twice Sony’s Playstation 3 drive, the announcement is no doubt due to the competition, since The Xbox ranks third in sales of the Big Three in Japan. According to one report, Nintendo has sold about 1.78 million Wiis, Sony over 500,000 Playstation 3s, while Microsoft has only managed to sell about 123,000 of their Xboxes in Japan. The Elite will sell for 47,000 yen (~$380.00.)