Dude, quickly update your signature before they adjust the gap again. :P

I think that Sony can get away with another cut, but was expecting MS to react sooner.

It would be funny if I were right ... ;)

I expect 3DS is way over tracked somehow, with a price cut but no games I don't believe.

Well, that's rare coming from you.

WW, PS3 will most likely outsell 360, anyway.  Even, if MS cuts the 250 GB to $249, its going to have less of an effect than the $249 PS3, as there is already a $199 360 SKU.  And this time around, the cheaper SKU is the exact same console as the top of the line 360 (except for the larger HDD), which wasn't the case with the older 360.  The only way I could see the 360 outselling the PS3 (though not by too much), is if they cut both models by $50, as well as cut Kinect by ~$75 coupled with a huge ad campaign for both cuts.

And you have to think, 360 is going to mostly see great sales in the US and UK, with some alright sales in the rest of EMEAA, for the holidays.  Its almost completely dead in Japan.  However, PS3 will see great sales in Japan and the rest of EMEAA, while in the US and UK, the sales are going to still be pretty good.  PS3 isn't really dead anywhere.

Well, we will have to wait for NPD to compare sales numbers, but I wouldn't think we are too off.  I mean it was a significant cut, and early enough in the 3DS's life for it to still be looked at as the "new" thing.

I don't know what Vgchartz have it at but I reckon NPD will have it about 270,000.

the fact is most Aust retailers haven't been selling the PS3 at the old retail price, mainly because as the AUS dollar strengthened over the last  3 years (although it seems to have settled from just under $1.10 at peak to between $1.06-$1.07 US approx) they have bought the price down themselves but still a good effort.

I have to wonder what MS are thinking. There's essentially no way they could win this year without a price cut, and at this point even with one it's looking increasingly unlikely. They've already announced that the MW3 bundle will be $400 so the absolute earliest we're seeing a price cut is late November. On its current trajectory by then the YTD gap between the PS3 and 360 will be over 2 million. And with Ninokuni and FFXIII-2 most likely giving PS3 a significantly better holiday in Japan than last year 360 would need to have a holiday almost comparable to Wii's 2009 outside of Japan to catch back up.

I see you are unfamiliar with NintendoGamer.

EDIT: Ignore this post. My Sarcasm detector was on the fritz

Playstation grabbing the home theatre market from Windows isn't anymore one of MS worries, Android expanding even more than PS2 could just dream about is. So MS will cut price only when needed, not just to fight with Sony for WW 2nd place, as long as its leadership in America is safe. This doesn't mean that MS won't cut XB360 price, it eventually will, but not just for e-peen sake.

Notice that PS3 and XB360 are the only HW up this week, OTOH Wii just had a price cut, but its effect is already wearing down. XB360 is already affordable without price cuts, Wii was already too even before the cut, PS3 was the most expensive, so it actually was the one that could benefit more from a cut, but once the price is right, the thing that counts the most are the games, and both MS and Sony currently are lucidly acknowledging it.

Finally, there are many, not mutually exclusive, possible reasons for Sony to cut by just $50: cutting profit as little as possible, not wanting to start a price war with MS, planning to start permanently bundling Move with every PS3 in the middle term without increasing the entry level price, planning to release a lot of bundles for Xmas, this latter move, again, to add value instead of further cutting price.