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FishyJoe said:

I don't think there is any question that it will sell better.

The question is how much will it cost and can they afford it. If business were so easy as just cutting prices, everyone would be rich like Bill Gates.

 

Well, the another other (obvious) point is that Sony reducing the price of the PS3 would result in Microsoft and Nintendo adjusting their market strategy in response ... While a $300 PS3 might sell better than a $200/$300 XBox 360, how would it compare to a $179/$250 or a $150/$200 XBox 360?