RUMOR: Walmart Shows Xbox 360 Elite For $299

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After Sony recently dropped the bomb with the PS3 price drop and the introduction of the new 120GB HDD PS3 Slim releasing Sept 1st for $299, speculation on when Microsoft would officially follow suit with an Xbox 360 price drop has become rather trendy. Now, according to Joystiq, it appears there’s a strong possibility that we might see Microsoft wasting no time in securing their strong hold of their marketshare lead by offering their Xbox 360 Elite model for $299.

This Walmart ad below has been recently leaked displaying the Xbox 360 Elite priced at $299. The real question on the table is whether or not it’s legit. From all reporting sources the chances of this being true are extremely positive.

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