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Quoted from article: 

Sony’s director of corporate communications Nick Sharples told MCV:

“I’m not aware of any cut in production. We have our forecast for the year for PS3 of ten million and that still stands. Of course, production is adjusted according to stock levels and requirements of different territories. The normal seasonal uplift towards the peak season will happen, but that’s completely normal."

http://www.mcvuk.com/news/27335/Sony-denies-drop-in-PS3-production