The Xbox 360 Elite is rumored to be getting a price drop on August 30th from $399 down to $299 to match the recent PlayStation 3 price drop.
Kotaku was sent an ad from an upcoming Walmart catalogue and it lists the Xbox 360 Elite at $299. If this ad is real, this puts the Elite neck and neck with the newly announced PlayStation 3 Slim and the current PlayStation 3 models. Will Blu-Ray give Sony the edge? We will just have to wait and see how this plays out in about a week.
The rumored price drop for the Xbox 360 Elite is August 30th and the PlayStation 3 is currently $299 along with the PS3 Slim arriving on September 1st.
