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Why do people expect a price cut? Sony can't afford one, they're not like Nintendo... Nintendo currently has one trillion yen in the bank. They could afford to sell the wii at €100 if they really wanted lol
Microsoft can give the xbox360 away for free and still make profit(hyperbole)

Please, don't use the ps3 price argument as to why it sells like total crap. Nintendo and Microsoft can afford a bigger price cut then Sony can. You know, sony posted 1.7 billion dollar loss for their fiscal year?