PS3 price cut coming soon??

[albionus]

jaspey said: What massive amount of debt?. AndSony will be making a profit on the hardware about June of this year.

Sony debt = $11.36 billion, Cash on hand = $4.28 billion, Operating profit = $1.05 billion. That massive amount of debt. At least it's massive compared to Microsoft's debt = $0, Cash on hand = $26.4 billion, Operating proft = $11 billion and Nintendo's 0 debt with over $10 billion in cash on hand and probably $2 billion in profits (Nintendo has a more opaque financial report). I doubt Sony's ability to cut $200 in cost in just 7 months and haven't seen anything that indicates they can do it but stranger things have happened.http://finance.yahoo.com/q/ks?s=SNEhttp://finance.yahoo.com/q/ks?s=MSFT