M$ price drop in America will Sony have to respond?

[BengaBenga]

It's 99% certain that the PS3 won't see a pricecut this financial year (until 31 March 2009) unless they can drastically reduce the production costs.
Their statements are pretty clear about profitability.

I think worldwide the PS3 will keep outselling the 360, in the US though the PS3 will suffer due to a 360 pricecut there. I expect the 360 to consistently outsell the PS3 there from the pricecut until the holidays.