Another price cut for PS3 ?

[NJ5]

Bodhesatva said:

Sony's wallet is deep, but not Microsoft deep. It has limits.

Just consider that according to this thread:

http://www.vgchartz.com/forum/thread.php?id=4033&start=100#end

Sony has sold around 2000 PS3s on Amazon alone in the last 3 day rush. If we can assume that they didn't actually intend to lower the price this quickly when the system launched (a safe bet, I'm sure they didn't expect sales to be this dismal), that's 200,000 dollars lost, just on Amazon, just in the last 3 days, just in the United States.

Now extrapolate that over weeks, over months, over hundreds of stores, over continents, and then tack another price drop on there. I'm not saying it's impossible... but again, Sony is a lot closer to Nintendo in terms of financial flexibility than they are Microsoft. They can afford to take a multi-billion dollar risk, and even another billion dollar risk on top of that, and perhaps another one on top of that... but it quickly starts to look much too risky. The shareholders will NOT be happy, and yearly projections will be significantly off.

Well said. I think this price cut was probably a hard decision in itself, the last thing Sony wants to hear about now is another price cut...

The only thing that might save them in 2007 is that the 360 is probably not getting its price cut until after Halo 3...