Xbox 360 price drop for real this time?

Seeing is believing.

(Credit: 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.

(Credit: Cheap Ass Gamer)

[make_or_break]

Price break?

Well...it's good that MSFT can finally associate the work 'break' with something else about the 360 and not directly to the console itself.

18 months with mine, and still no RROD yet...

[Stoutimous]

sounds like a comment from a non X360 owner

This is why they have a 3 yr. warrenty.. I do not see any other game console company offer this... personally all these X360's red lights cause most dont know what proper ventilation is... mine is still running strong and so is my Wii and PS3 so no fan boy comments lol

[superbob2122]

good deal, i got my xbox 360 at www.consumerdepot.com