How will Sony respond if the Xbox 360 sees an $100 price cut this summer?

[mysticD]

Sony still bleeding money on PS3 (they lost over a billion this year already). I doubt they will cut price unless they really have to which is if MS really drastic cut their price.

However, I doubt MS will do that anytime soon. Xbox 360 still sell on the par with PS3 give or take. I think MS is more concern about being profitable and probably won't drop price unless 360 sale suddenly take a nose dive.