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gergroy said:
Worldwide Sony is doing fine and probably doesn't need to do a price drop. However, they are sucking in America, which is the biggest market and the ones that all the developers and publishers mostly push for. Being so far behind in America is what is killing Sony, and unfortunatly, with the dollar as it is, it is probably the hardest territory to drop the price. Yet, if they don't drop soon, they risk losing crucial 3rd party support, at least in the American territory.

Publishers don't care about a console's sales; they care about its active userbase that buys their games.