Xbox 360 Elite Sold Out at Amazon.comAmazon.com has sold out of pre-orders for Microsoft Corp.s Xbox 360 Elite. The e-tailer began taking orders for the new hardware product on Thurs. The new Elite hardware, which includes HDMI and a 120GB hard drive sold out within hours of release. The strong pre-order sales for the item allowed the production to reach the No. 5 position in the best-selling products for Amazons Computer & Video Games division on Thurs. Amazon was one of several online retailers offering the console for pre-sale. This month, Circuitcity.com and Samsclub.com also offered the new hardware to online customers. The new release will help the Xbox 360 compete with Sony Corp.s Playstation 3 hardware, which includes HDMI and a 60 GB standard in its current retail SKU. The Xbox 360 is currently the No. 2 home console in the U.S., behind Nintendo Co.s motion-sensitive Wii.