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Xbox 360 Price Cut Coming?

Xbox 360 Price Cut Rumor Gains Steam

Word of an Xbox 360 price cut has been floating around the (generally untrustworthy) gaming forums scene for about a week now -- certainly nothing worth reporting. Then a bad picture of a supposed Wal-Mart ad popped up online, but that could have been easily mocked up. However, the rumor has gained a little more credence thanks to a new picture of a supposed Toys 'R Us flier that lists the same discounted price point.

The $50 price cut would put the Xbox 360 "Premium" bundle (with hard-drive and wireless controller) at $349, $100 more than Nintendo's Wii and $150 less than Sony's PS3. No word yet on whether Microsoft's current $299 "Core" bundle (sans hard drive and wireless controller) will also see a cut. According to the rumor, the price cut is to give the system a little more momentum going into August when many of the system's big hitters will arrive, including the excellent-looking shooter 'BioShock' and this year's version of perennial best-seller, 'Madden.'

From Engadget

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Tags: Xbox 360, Xbox360

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