Why I believe Sony have to drop this price this year.

[goddog]

cwbys21 said:

everyone will deny a price drop right up until it happens so that customers will keep buying it at higher prices, it isn't just a Sony thing.

First off, the economy isn't as bad across the entire US as the media likes pretend, because if it isn't on the east coast or California they usually don't care. Some of the "poor, rural" states are still strong right now because their economies are based off of things that have a steady demand, like a thing called food. The AP had an article about it if you are interested.

But Sony only posted a small profit last quarter and they are still down 3.3 billion since the launch of the ps3 and they are willing to take a chance this Christmas if need be to make some of that money back.

 

the coasts are the hardist hit in particular cali, and florida. southern boarder states, and most other southern states outside of louisiana and florida are doing fine.

I didn't mean to imply everyone except certain states were up s*** creek, just that in the AP article they mentioned a handful of states that were posting 100+ million dollar surpluses and they were refered to as "poor, rural" states.  Its just that the media ignores everything that isn't on the east coast/California unless there is a natural disaster in that case they are all over it because bad news drives ratings and sells newspapers.

 

ah my bad then, and very true, i feel this is very overblown unless you are a retiring baby boomer. 24 hour news networks drive and kill the stockmarket