Online shopping giant Amazon slashed their price of Xbox Live Gold subscription from $50 to $30 on Sunday.

Amazon's Hardware and Accessories sale for gamers will last until January 31.

The Xbox 360 Live Service for 12 Month's Gold Card has been discounted 40 percent, and the new deal will also offer customers a 1 Month Bonus card.

The service allows customers access to online multiplayer gaming, video chat, game and video downloads, and Netflix's online streaming service.

According to Microsoft company statement, Xbox 360 console sold over 28 million units worldwide, 8 million more than the Sony Playstation 3.

That means Xbox sold one million more units in Europe and 7 million more in the US, compared to PS3.