And so the Xbox 360 price cut rumor gets some more ammunition in the form of a leaked ad from Wal-mart. The tiny little picture to the right has been making the rounds on the internet and is supposedly a picture of a future Wal-mart ad. And even though you can't make out any text, you you can see that it lists the Xbox 360 premium at a $349 price point. That's the rumored $50 price reduction. This could of course be an evil trick by Joe Photoshopper, but it is very close to what rumors we've heard.
We've personally received tips from supposed advertising insiders stating that price cuts would be coming soon and vary from system to system. We've heard that the Core will be dropping to $279, Premium to $349 and the Elite to $459 US. But we recommend taking everything with a grain of salt to avoid disappointment. That said, we're gambling folks and are going to bet that a price cut announcement will happen by the second week of August. Wal-mart leaked ad, don't let us down!