Why would they only do price cuts in the states? 

Except for the UK the rest is a lost cause for the Xbox brand.

Sony isn't playing the same game as we are on the interwebs. They are winning. By a lot. If the demand is greater than the competition at the current price, what business sense does it make to drop the price. Microsoft drop the price because they had to.

That's why xbox brand does so badily WW. Not even trying.

I honestly can't remember the last time I saw a Xbox ad here in the Netherlands, excluding the ads after trailers for games Microsoft has a partnership with such as CoD. However, when I watch UK football on UK channels it's loaded with Xbox ads.

I think Sony still wants to win USA. It's the only market where every month there is an official industry report where sales to consumers can be announced, and even though it doesn't reflect the world, it is always good to be able to report "we won in the USA last month". Or as Sony has just done after Dec NPD "We won in the USA last year". It creates a positive PR vibe.

So they will cut the price this year. Some time after July I think.

Ads is the very least they can do, and they don't even do it. That's what I was trying to say.

If they keep selling all they can make then next year otherwise November.