It’s on! New Walmart ad shows Xbox 360 Elite at US$ 299

With Sony‘s announcement of a new US$ 299 PS3 Slim last week, it seems Microsoft has finally let the cat out of the bag as the latest Walmart catalog revealed. Due to hit stores on August 30, it shows an ad of Xbox 360 Elite retailing at US$ 299, that’s a US$ 100 cheaper than its current price tag.

With Sony‘s announcement of a new US$ 299 PS3 Slim last week, it seems Microsoft has finally let the cat out of the bag as the latest Walmart catalog revealed. Due to hit stores on August 30, it shows an ad of Xbox 360 Elite retailing at US$ 299, that’s a US$ 100 cheaper than its current price tag.

Now what’s the fuss about this you asked? Well this would be the first time in video game history that both Sony and Microsoft would have two gaming consoles selling at the same price at US$ 299. Well here we go again! I sense another impending console smackdown.  Stay tuned.

• Microsoft’s stealth attack is US$ 100 off on ‘like-360 Elite’ on Amazon?
• Microsoft quiet on Xbox 360 price cut, waiting for old stock to disappear?

Via Engadget