Rumor: Xbox 360 Price Cut on August 1st

Just right after the PS3 price cut fiasco has all calmed down, a new rumor has surfaced from a major Canadian retailer that a $100 price cut is underway for the Xbox 360 to be effective on August 1st. This includes every single SKU released to date, making the core package ($199.99) cheaper than the Wii ($249.99). Keep in mind that the supposed Canadian retailer imports most of their things from China, and sells flash carts and other emulation products for various systems. It is unknown if they are even an authorized dealer. No official word from Microsoft yet.

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