No chance - not gonna happen.
Last year SONY said "We currently have no plans to cut the price of PS3". This gave them room to cut the price in a week, a month or whenever.
This year SONY says "There will NOT be any price cuts THIS year.".
Therefore we should expect a pricecut next year for PS3 -- and expect the price cut to be around $50 -- since any more and it would push SONY back into the red.
If your wondering how SONY plans to compete this holiday season after the Wii's success and 360's price drops --> Simple, Games, Games and more games. SONY wants to make money of PS3 games in order to begin climbing out of the $3 billion hole. Once they have shown shareholders PS3 can make money AND they cut manufacturing costs they will then use price cuts to lure new consumers. This plan also benefits from limiting Microsoft's reaction -- since how much can M$ cut the price on the Arcade now, its $199 vs. $149-PS2 bundle...
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