Just as Sony's PS3 price cut was prematurely leaked through early ads, the rumored Xbox 360 price cut might also become a reality soon. Ads for Walmart and Toys 'R Us reveal that on Sunday, August 12, both retail chain stores will drop the price for the Xbox 360 by $50, to $349. Whether this reduction is only for the premium system was not clear, as that was the only model printed in the ad.