Sony won't cut the price this year.
People here act like fanboys who only care about who sell more between PS3 and 360 but Sony is a company and they have different objectives.
The goal this year is to sell a lot more consoles than they did last year while keeping the same price AND making a lot of profits, it they get that then it's a great success.
If they continue to lose lots of money, thus making PS3 an unprofitable business with no possibility of recouping investements over the long term just to outsell a competitor then that's a big failure and poor thinking.
By the way Sony has in store great bundles with the 80GB + a top first party game (Little Big Planet, Motorstom or Resistance 2) at 399$ so you get a BIG NEW game for free which for consumers is equal to a 50$ price cut. Those bundles are already confirmed by european retailers. For the US they could even add vouchers to buy stuff on the PSN on top of that.
Next year, with the profitability fixed they'll think about market share and they will cut the price to 299$.







