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The answer would be a definitive no to any price cut. Ironically I think everyone on this forum would be delighted to see one. First the Sony loyalists would see it as an opportunity for the console to take greater market share. While the Microsoft and Nintendo loyalists can follow the trail to an inevitable conclusion.

I can see it in my minds eye Kaz Hirai coming into an annual corporate meeting with all the heads of the other divisions, and the dark lord himself is at the table Sir Howard Stringer. Finally after a long presentation full of small modest successes he announces the losses on the PS3 have now topped seven billion dollars. With that Stringers eyes turn bright yellow. He reaches out clenching his hand, and strangles Kaz with his mind finally shattering all his vertebrae. Then he says kill the division, and sell off the assets.

All humor aside any more price cutting, and the PS3 will never obtain production cost parity. Which means the console will be a perpetual black hole where money goes in, but never comes out. Sony must eventually stop the blood letting