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HappySqurriel said: As a guess, I would suspect that Sony is waiting for more data to come out for the North American and European markets before they even consider a price cut ... It will probably be June before they feel they have enough information to decide about a price cut
Spot-on. It's a mega game of smoke and mirrors in Europe at the mo with BS flying around everywhere. As you say, it'll take a couple of months for it to settle down and at which point I expect Sony to have to cut the PS3 price by at least 10% to start shifting units regardless of whether MS cut the 360 or not (tho I expect they will too). Sony need to be seen to be shifting significant amounts of units THIS YEAR otherwise games that should be kicking off now in time for Xmas 2008 are in jeopardy ... The most interesting thing recently is seeing MS put that big price up for the Elite. I think they are feeling very, very confident at the moment ...