Sony price cuts - PS3 $249, PSP €99 (Europe)

[Scoobes]

CGI-Quality said:

Scoobes said:
Not that suprising really. I always find it hilarious when these price cut threads start though, people immediately say "Microsoft/Sony (delete as applicable) will cut in a few weeks!". I don't think this has ever happened, lol. As always, the rival console manufacturer will spend a long time analysing the situation and if they do cut, it will have been planned for a long time.

Indeed, it's a rampant assumption that hardly (if ever) comes to fruition. Microsoft won't cut before the Gears & Star Wars consoles are out anyway (unless they slash $50-$100 off the asking prices of these Limited Edition bundles, which I don't see happening). Therefore, a 2012 cut of some sort is likely, with the PS3 winning the holidays WW, but maybe just matching or trailing the 360 in NA.

Sounds fairly logical to me. The 360 is fairly cheap already and selling well in NA. If MS do cut soon then I suspect it'd only be in EU or the phasing in of a better SKU for the same price.