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postofficebuddy said:

It's likely going to be a similar scenario to what happened in September 09 - June 10 when 360 and PS3 cut price again. 360 is about to close in on saturation in North America and a price cut will likely have a similar impact to the price cut that DS had last year (ie. almost no impact). PS3 will probably pick up a huge amount of steam this year, particularly in Europe, if it sees a £50/€60 cut.


The same saturation that XBox360 faces in USA, PS3 faces in Japan and Europe. It's wishful thinking to consider them as different scenarios, when the circumstances are similar.