I think they'll leave it the same price but include a memory card. That's only a $30 price cut but consumer perception will be worth as much as a $50 price cut.
Also, don't you mean they have to minimise their losses? $249 price is still below cost.
“The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell
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