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In the huge ship of rumors about the PS3 price cut,there are also some which are saying $199 PS3 is on its ways.Well it could possibly be on its ways.Earlier in the year when Sony reported its earnings for the previous year,it also said that year 2009-10 will again be a loss making year for the Playstation set of products.

We all know that the PS2 and PSP are making profits.It was also recently reported from a Sony Vice-president that PS3 maufacturing cost were slashed 70%,so it is now costing them only $240 to manufatuaring the PS3s,link.

They made loss in the first quarter but if they keep selling at their current price,they are making profit now and they will recoup that loss made in the first quarter during the rest of the financial year.Now you would say that Sony are going to make a price cut of $100,even if they made a $100 price cut,still they will be in profits and recoup the first quarter loss.

So how did they predict that 2009-10 will again be a loss making year for the playstation products,their can be only one answer,a huge price-cut is on its way?

$199 price is very unlikely as it would again be the same as the previous year,where PS3 making costs were $40 more than its selling price.$249 price is more likely as it will just cost Sony about $10-20 more than its selling price if you add the shipping cost and othe misc costs,and as preddicted by Sony they will be making loss with this price cut.