Pachter: Sony will cut PS3 price 1st of April

[NJ5]

http://www.thestreet.com/_yahoo/newsanalysis/hardware/10455329.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

"My guess is that they will cut April 1, which is the day after the end of the fiscal year," Pachter said. "To cut $50 after Christmas doesn't do that much for you. Potentially, Sony could sell 3 million more units at a $50 incremental loss each. That's a $150 million loss, which is hard to reconcile with the job cuts the company has announced."