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luisgvm said:

"Gamezine: 'It would not only be the perfect time for a price cut, but it's almost guaranteed.

We reported on IGN's prediction that the PlayStation 3 would get a price cut this year. Well, it was pretty obvious that this was the case. Not only does the console need a price cut to compete with other consoles on the market, but Sony is fast reducing the manufacturing cost of the console, and so will be able to afford it.

Some point to the company's huge losses and argue that there's no way Sony could take a bigger loss on the PlayStation 3. However, they might not need to.

SCEE head David Reeves appeared to hint that the PlayStation 3 was already making a profit, which is evidenced in the Games Division's Q3 slight profit.

The numbers made it clear that the PlayStation 3 was the main bread winner for the games division, by selling the most hardware and software. Now, if the company has been able to reduce the manufacturing cost of the PS3 so far that they're now making a slight profit on every console sold, then there's even more room to breath.

So why would they cut the price when they've only just begun making a profit?'"

here is the link: http://www.n4g.com/industrynews/News-272954.aspx

do you guys think its true that sony is making profit? will there be a price cut in april? i mean they just said recently that they are going to release the new ps3s with the smallers chips but i dont know.

PS3 is being sold for a profit per console? That is news to me. Last time I checked PS3 was still being sold for a $50 loss. PS3 costs $450 to produce and sold for $400.

PS3 launched at $600 sales price, back in 2006 and was sold for a $200 loss for a while. PS3 initially cost around $800 to produce. Costs have dropped over time due to PS3 revisions. PS3 loss per console has dropped from $200 back in 2007 to a now $50 loss per PS3 sold in 2009.

I would like to see a source that provides PS3 is being sold at a profit?