Here is why:
You see, if the ps3 is cut to $299, sony will start loosing $100 more per console. This isnt a good thing because the company has already lost up to 4 billion on the ps3 alone.
Now your asking "But psn users/ps store/psp/ps2/software sales" etc..
It wont matter, If the ps3 drops to $299, DEMAND will increase, and when that happens sony will have to make more ps3's at a loss, meaning they might start loosing even more money than they where when it was at $599.
So just to answer the question "why doesnt sony cut the price" well there you go.








