How Much Will the PSP's New $169.99 Price Effect Sales?

[shams]

jman8 said:
The PSP is already on track to do better this year than last, and this price drop will ensure that more brisk pace for a few months. If there is in fact a redesign this fall, that will keep sales strong, and that's not even factoring in the solid titles coming out in the last half of the year. This could be a comeback year for the PSP

Actually, sales have been tracking downwards. This is to keep any momentum going. Its a pity for Sony, as the PSP is one item that *is* making them lots of profit. Nintendo aren't anywhere near dropping the price (or profit level) on the DS... yet.

 (and as mentioned, this could well be clearing of stock for a new model- although does this price cut affect existing PSP's in stock? Do retailers get some money back from Sony? If this just covers new stock, won't retailers be pissed - have to sell the older, more expensive PSP's to consumers for less?)