I don't know if they will straight out cut the price, but they may come up with another version that is cheaper. Or the other scenario is that the newer version is improved and keeps the same price and then they cut the price of the older version to clear out inventories.
curl-6 bet me that PS5 + X|S sales would reach 56m before year end 2023 and he was right.
My Bet With curl-6
My Threads:
Master Thread, Game of the Year/Decade
Switch Will Be #1 All Time
Zelda Will Outsell Mario (Achieved)
How Much Will MH Rise sell?
My Bet With Metallox