x360 price cut joystiq Joystiq was tipped by an anonymous source that a $50 price cut for the Xbox 360 premium console will be made next month. This comes from a full-page shot of a K-Mart flier that basically confirms earlier rumors about the price cut.

The flier will be distributed on July 13, the week of the E3 Media and Business Summit. It wasn’t indicated whether there will also be price-cuts for the Arcade and Elite units as well.

Tags: Business, Hardware, Xbox 360