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Tridrakious said:
This is crazy to see. Big price reductions, but we're now in the 6th year of the platform being out. I would expect price cuts to help, but not create a craze like this.

Ps4's non promotional price has incredibly remained quite high the last few years. So there's way more room to make price cuts then consoles traditionally had in the past. 

Correct me if I'm wrong but the ps3 in it's 6th year was cheaper then the ps4 and it would have been way more costly to make. Sony are milking the ps4 hardware for profit and who knows if they'll drop the price to $199 WW to enter it into a new category of consumers while the rest are targeted by the ps5.