Retailers are probably taking a bath on the PS3. Don't forget that they have to pay for the PS3 within 60 days of its arrival. So many of them will have paid ~$580 for it before Sony announced the price drop. I'm under the impression that retailers have been bitten a few times with the PS3 already, so perhaps they don't want to drop the price of the bundle and would like to first recover some of their costs.
I would imagine that Sony would normally have some sort of insurance program to help retailers in these cases, but considering the huge losses Sony's games division just posted (about 850 million) I don't think they're in any position to help retailers out beyond anything they've provided in writing.
And retailers had no reason to suspect a price drop. Sony said they wouldn't price drop, and the PS3 is about a year before it should have price dropped.
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