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apollon said:
249 ps3.

the xbox already is cheap in the 100 range and has less sales.

gt5.

So people still ignoring the fact that the dominant selling SKU for the 360 has and always will be the Pro/Premium/Elite?  The only time the Arcade saw the majority of sales is holiday 08.  This tells  me that there is still much demand for a cheaper 360 with hdd included.  That means MS has just as much if not more room for lowering the price on their Elite sku than Sony.

MS still has a slim revision to do, chip revisions to do, and lets not forget that the 360 is already much cheaper to produce than the PS3 yet it sells for the same price.  MS has to be raking in huge profits per console sold right now if the PS3 is only losing ~$20-30 per console sold.

GT5 will counter Halo: Reach, but not the rest of it.