I find all the talk of closing 1st parties and plans by vivid 360 fans to discontinue the PS3 in this thread funny at this point.
No matter how funny you find it it's still a possibility. I think Sony would rather get out of the phone/music business before they'd consider ditching SCE though.
Yes, raising prices could happen. Did you read this article someone posted the other day? It's just for the UK but it does show that the low European currencies are hurting them.
Of course, it doesn't talk about raising console/game prices. That would put them in a very bad position competitively, as the PS3 already has enough trouble even at 400 $ / €.
My Mario Kart Wii friend code: 2707-1866-0957