I agree, Sony shouldn't drop prices for the PS3.
My reasoning wasn't because it won't have as big of an impact, my thoughts were that Sony should really focus on turning a profit on the PS3 at this point. Sony will never be able to compete with the 360's price point or at least not before it's too late, so I don't see why it should bother. PS3 was only losing out to the 360 by an average of 10k per week (from the time I started counting to the time I stopped caring), and a steady stream of system sellers should help reverse that.
A Price Cut now is Sony gambling and it shows desperation, because there is no guarantee that a price drop would greatly swing momentum in Sony's favour, let alone for a sustained period of time to allow them to overtake the 360. If they price cut and they aren't able to reduce the gap and take the lead, Sony will still be sitting in 3rd place with a even bigger loss then before. No one remembers the distance between the Xbox and Gamecube, they won't remember the distance between the PS3 and 360, just where they place.
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