I think they will cut price with 50 bucks before the holidays.

A lot depends on how the 360 price drop affects sales. If Sony is still winning weekly worldwide sales after a few weeks, there will be no price drop.

A software bundle would help sales without losing money. Pack in two 1st party games and a headset for free.

So we won't see the May 1995 E3 winning speech from Sony:

"299"

(Sony's Playstatio0n undercut Sega's pricepoint for the Saturn by $100 (USD) and started the beginning of the end for Sega as a hardware maker).

Mike from Morgantown

PS -- My guess we might hear that speech in October.

Woot!

299 PS3 coming!

Fixed.  In 1995, the Playstation had just come out the year before, and the N64 wasn't even out yet

dam...hope they a price cut during christmas

they (and everyone) are not going to announce a pricedrop too much time before. People won't buy the console until pricecut, then

I don't think Sony will cut PS3 this summer. They have seen that a price cut in PAL regions has had very little affect on anyone's sales trends. So, now they will see the price drop and wait a few months to see how things level out.

IF 360 shows a large steady gain in that it is now back to constantly outselling the PS3 we can expect a similar price drop just before the holiday season.

HOWEVER, if the 360's gains are only for a month, as I expect, Sony will hold its current pricing until next summer when they can afford to drop the pricing and still be profitable.

Yep.

299 PS3 would change the world