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PeoplesChamp said:
Its the signs of a failure system.

It normally takes 18 months for a system to intially drop in price.
If Sony is losing between $240 and $310 on each unit it sells now, a price drop is out of the question. Before the system released, analyst projected sony needs to sell 6 games per system to make profit.
I think Sony will eventually cut there losses and abandon the ps3. At this rate 2009 could be the death of ps3.
Originally I was planning on buying system when it reaches $199, but now I fear it wont make it that far. When or if ps3 becomes successful, competing brands may have a newer systems out. Guess i'll make my decision then.

where do you get any of your info from, nearly all of it is incorrect. $240 loss(it was never higher anywhere i've seen) was only happening on launch 60gb systems and largely inpart to a production problem with blu diodes. that was corrected around march. and 18 months for a price cut??? oh nevermind, troll... @dodece, good write up, i don't generally agree with it, but you make some good pts. @happysquirrel, joe consumer does not know enough about this market to "know" they should wait. most will probably see this as i better hurry up and get one before the cheaper ones are gone. we've already talked about this too many times as it is. the only thing that really pisses me off is the fact that the US, EUR, PAL territories have all been paying the price for f&cking Japan to have the lowest price point, the 60gb model is only(and has been for awhile) ~$406USD, if they don't appreciate that, then to hell with em. do you guys have any idea how many PS3s would've sold in the US if Sony dropped the 60gb model to $406 in march?