@Mesoteo -
Very good answer. Sony is indeed in a catch-22, and some of it is their own un-doing.
They have a very expensive system that's coupled with a very high cost to produce (and inversely slower to get cost reductions).
They can either cut the price, and cost them billions, to be somewhat viable in the future, or keep the price as-is and pray that the PS4 can regain marketshare.
Either way they take a gamble. Cutting the prices to compete renders their business unprofitable, and may prevent them from making a PS4. On the other hand, the PS4 may not even have a market to sell to, since MS and Nintendo will be dominating the marketshares (and Sony would end up with less than 20% by the end of gen).
If I was Sony, I'd do the later: Save the cash, and take the beating. Develop the PS4 to be cheap & innovative, and hope to regain some of what made the PS1 eat up the marketshare.
Back from the dead, I'm afraid.
