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luvtospooge said:

They need to get rid of the loss and make a nice profit. Thus, that's why I believe 349$ is a good price. Profit plus some nice sales.

Whos to say they won't be making a profit off selling the slim at $299? If they have indeed reduced the manufacturing cost of the PS3 by 70% then unless the system originally cost over $1000 to manufacture then it should be profitible.

Regardless, Sony's financial 2010 forecast confirmed a $100 price drop multiple times.

1. There is absolutely no way Sony will be able to ship 13 million PS3s by the end of March without a $100 price drop.

2. It seems extremely unlikely that SCE could be expecting such a massive lost for this fiscal year considering that Sony could be earning as much as a $75 profit off of every PS3 sold if they simply drop the price by $50. The PSP Go's suggest profit margins and GT5's rumored holiday release compound the unlikelyhood.