I found the above photo of Pachter discussing why a 360 price cut makes sense.

Man, this guy totally fails. First of all, NO WAY a price cut makes sense when M$ is getting their asses handed to them in Europe and Japan and barely equaling in North America by a console that costs $50-$150 more.

Also, where did he get the idea that Sony is still losing $100 per console? I mean, Sony sold like 9 million consoles last year and lost $1 billion dollars. That means the average loss per console for was about $110. The average. And this given the fact that for much of 2007, Sony was losing more than $200 per console. Thus, in order to lose an average of $110 per console, they would have lose less than $110 per console for a significant amount of time. (that's some serious 2nd grade math there...)

This guy is such a moron, it just amazes me. I say send him packing and give ioi his job.

this price cut will help the xb 360 alot, and will force sony to do more than a bundle to help its cause here in the states. u add the great lineup the xb 360 has coming from august through dec and the ps3 cant match it all, sure the ps3 has some great games resistance2 and lbp & maybe home. still that is no where enough to combat the game lineup and superior online of xb 360 and xbl. sony and the ps3 will give m$ and the xb 360 all it can handle without question next year, but i think it will be at least summer next year at the earlest before the ps3 can match the xb 360 in sales ww. that is what i believe anyways.

The whole point is my grandma could have figured this out. Why do you need some "expert" to tell you that?