Recent Ads Show Xbox 360 Price Drop

Despite Microsoft not officially announcing a price drop for the Xbox 360, scans of a Walmart and Toys R US advertisement have surfaced with each showing a $50 price drop on the Xbox 360 Premium model. The system is set to sell at the lower price on August 12.

Currently it is unknown whether the price drop will only affect the Premium model or if it will also go into affect for the Core and Elite models as well. If the price drop also goes for the Core model then it will be able to compete with the Wii at the same price point of $249.99.

With the August 12 date quickly approaching expect Microsoft to reveal official details very soon.