Wal-Mart store discounts Xbox 360 HD DVD Player to $60

A Wal-Mart store located in Metairie, LA has discounted Microsoft Corp.'s Xbox 360 HD DVD Player to $60.

The figure represents the largest discount reported for the $199 external peripheral, which allows Xbox 360 owners to playback high-definition format feature films.

A buyer on shopping site Fatwallet.com was able to purchase the item for the discounted price at the aforementioned location.

Walmart.com lists the product at $199.92.

The HD DVD Player debuted in Nov. 2006 has been a hit with videophiles who want to invest in the latest digital format without breaking the bank.

In late Apr., select Sam's Club warehouse stores sold the peripheral at $72.54, then the lowest known price for the device.

Best Buy this week is offering two free HD DVD movies with the purchase of the Xbox 360 HD DVD Player. It sells the add-on for $199.

Sony this month announced that it will release a new stand-alone Blu-ray disc player for $499. Blu-ray disc sales have held larger sales than rival HD DVD, partly due to the release of the Playstation 3, which includes a built-in Blu-ray disc drive.