Yeah I know there is a price drop and some games are starting to come out but they are just doing what other 3rd place console has done in generations past. Cutting the price is very helpful but it just means you will have respectable numbers during this generation while the top console though this generation two consoles will leave you trailing behind.
Sony is obviously in a very bad situation having within the year already phased out 2 skus (20 gig and 60 gig) and cut the price on 2 skus (60 gig and 80 gig) losing alot of money along the way. All within 1 year. Honestly it was all just really bad planning by Sony and now they are paying for it. The 360 didn't have a price drop for more than a year and I bet the Wii will be very similar which is what market leaders do. They do things when they want to not when they have to in order to play catch up.
Yeah is great that the PS3 is now cheaper but it still doesn't have the games to compete against the 360 or Wii nor the price as the 360 is still cheaper with 2 of their Sku's though yeah you can consider a PS3 a better value because of the blue-ray but we know how well having that has worked.
In terms of software I'll let the following quote do the talking:
“PS3 and Wii had zero third party titles in the top ten console title list for the month, while Xbox 360 weighed in with 3. Since November, third party partners have seen their titles hit the top ten 27 times for Xbox 360, compared to 2 for PS3 and 1 for Wii.”
Basically as a 3rd party developer/publisher you to be thinking twice about having games out only the PS3 if anything have it be multiplatform. Funny thing is that quote will only get better as you will see games like cod4, guitar hero 3, assasin creed, need for speed etc be in the top 10 on the 360 just by the installed base numbers and 360 owners high attach rate.
Of course this doesn't mean the PS3 will fail this generatiom but will just be in third place.
