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Showertea said:
In terms of sales it's not doing awful. In terms of profits it's doing terribly. I love how his solution is 'Drop the price and spend a ton of money on advertisements'. At the current price, keeping the PS3 afloat is a major strain on Sony's budget. To drop price 100$ would likely sink the company.

 

 And this is what fanboys especially deluded PS3 ones will never understand. If price dropping meant you would not lose anything and make loads of cash we would see consoles cost just $1 each! The reality is consoles cost money to make, money which comes from the companies pockets not from thin air as people try so hard to make it sound like. If the PS3 is losing at minimum $50 on every PS3 how does having a $100 price cut = profit? That would mean every PS3 sold will cost Sony $150. That means every 6666 PS3 sold will make Sony LOSE $1Million. It does not take a scientist to work out losing money = bad. The PS3 does not need saving just like the Dreamcast didnt need saving. Eventually you get so far in the minus $ that you have no option but to call it a day. 26 months on release and Sony has not made 1p from the PS3, that is how bad it is.