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I don't understand why people expected a price cut. I've seen people post complains that it is 6 year old hardware and that and that it should be below $200. I don't see it this way. The price is fair for what it offers. If you can't afford $250 dollars, then don't buy it; Just like an Iphone. If you can't afford the $500 dollars for a new version, and a $100 a month phone bill then don't buy it. Why should I be begging/pleading Apple to lower its price? Let the market decide if Sony's pricing  for this new iteration was correct or not.