Xbox 360 price drop for real this time?

The Xbox 360 price cut looks like it is actually materializing.

Seeing is believing. Cheap Ass Gamer

E3 came and went, and while another company announced a "price drop," the Internet-wide speculation of Microsoft doing the same at the big show went unmentioned.

Well it seems that these Xbox 360 price-drop suspicions were not completely unfounded; over the weekend it was discovered that multiple retailers will have the Xbox 360 premium listed at $350 beginning in early August--most likely to coincide with the release of Madden 08.

Thanks to Cheap Ass Gamer, we have two scans of predated ads from Wal-Mart and Toys R Us displaying the $50 price cut. It is unclear, however, about whether this will affect the Elite and Core versions of the console as well.

Check out the Wal-Mart ad scan after the jump.

Cheap Ass Gamer

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