Sony: No Plans for PS3 Price Drop

[smj1860]

I highly doubt they will announce a price cut at E3, but they wouldn't say so even if they were about to announce it. I think a price cut just before the holiday season begins would make more sense for the company. For one it allows some more months to go by so that the cost of making the PS3 is lowered and second a drop before the holidays when most consoles are sold is just smart business sense especially if the costs are reduced some more.