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Machiavellian said:
Sony says they would like to make the PS3 profitable and you think Sony will throw it all away with a price cut. Sony already is supply constraining the US and Europe because they are eating a lot for each system sold.

I highly doubt that the PS3 will see a price cut. Sony will make their hardware changes which will net them some profit from the PS3 hardware and then they will ship more units to the US and Europe.

Number one: http://www.andriasang.com/e/blog/2010/05/13/ps3_turns_profitable/ The PS3 is ALREADY profitable now.

Number two: Did you read the OP?