Wright said:
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That's not entirely true. Yes, the PS3 has stiffer competition than the PS2. However, where the majority of its sales will be coming from the next few years, Europe (especially in developing countries) + Japan, it basically has no competition from the 360/Wii. And there's no denying that the 360 is going to die much quicker than the PS3 in the coming years.
As far as price cuts go, the PS3 has much more room to cut than the PS2 did after the PS3's launch. Sony dropped it to $129 a few months before the PS3 launch, and it only recieved one more price cut to $99 3 years later. The PS3 is $199 for the 12GB model, while the 250GB is still $249. I would imagine next year Sony will lower the 12GB to $149 and the 250GB to $199. Then, the following year (maybe 2 years) the PS3 will finally hit $99, with the 250GB hitting $149. This should definitely help it succeed the PS2 in those smaller EU countries Sony pushed it in when it was mostly dead in the US and Japan.
