Sony 'very happy' with PS3's sales, claims there is 'no need' for a price drop

With rumors of Sony and Microsoft allegedly working on next-gen consoles, and the current generation seemingly coming to a close, many expected Sony to announce some sort of PlayStation 3 price cut at E3.

Back in April, industry analyst Michael Pachter believed that lagging console sales could lead to the price cut.

According to Sony Worldwide Studios President Shuhei Yoshida, the company is "very happy with how the PS3 is doing in terms of sales," and sees no need for a price drop any time soon.

Speaking to GameInformer in the latest issue, Yoshida added, "We had the best year last year."

"We have great games coming out for the PS3," he explained. "So we do not necessarily see the need for a price drop."

Some of those games were showcased or revealed for the first time at E3 including the highly anticipated brawler PlayStation All-Stars Battle Royale, Naughty Dog's latest survival thriller The Last of Us, and Quantic Dream's Beyond: Two Souls which stars Academy award nominee Ellen Page.

As you can see, those are some very powerful titles which, I'm sure, Sony hopes will help boost sales of the PS3. I know they make me happy to own a PS3, but will they inspire others to go out and purchase a system?

With the Wii U's launch right around the corner and rumors of a PS4 and Xbox 720 ramping up, can Sony afford to rely on games and not a price cut?

http://ps3.gamezone.com/products/playstation-3/news/sony-very-happy-with-ps3-s-sales-claims-there-is-no-need-for-a-price-drop

Im sure they'll say this when they cut the price at Gamescom.

The price cut will depend on the price of the WiiU as well as its sales next year.

Speaking in the latest issue of Game Informer ...

Let's see, that's a monthly print magazine, which means 6-8 weeks lead time --> Thus, we have a case where someone is presenting two months old news on a website as if it were a brand new revelation.

Mike from Morgantown

In other news, Turkish is unbanned, Sony lost billions over the past few years and the sun is hot.

Where's the dominating sales part?

THIS!

Interesting how people think that PS3 was the main villain, but the biggest problem of the Sony massive loss was: TVs and cellphones, Sony lost a lot in these areas, while  Samsung and Apple(that managed to make the people buy IPhones for S499+ every year with happiness) won.

if they say there is a price cut comming they get less ps3 sales -.- for the months before price cut

No need? So a double digit % drop over last year and sustained shrinking sales is not enough?

It'll happen before October as will MS.