^^^
Games mean nothing if people do not have access to credit or money to purchase a system.

Okay. 

But as I said, sales of PS3 are already up from last year, they don't need to push tons more consoles to do well this holiday season.  Sales are still rising as we're going into this credit crunch, not falling.

People are blind enought to believe that sony can AFFORD to make a price drop ...

It is also the crysis for them : so no price cut.

This credit crisis was merely making itself known it existed at the start of the year.  Now it's reared it's ugly head out.  Plus the price has decreased since it launched, so that explains the YOY increases.  Just wait until Christmas shopping starts in 2-3 weeks.  YOY will be DOWN.

The problem with your logic is that you assume Sony can afford the price drop, and have been keeping the price artificially inflated.

First, even if they could drop it, there's question whether they would be able to drop it enough to get to an attractive price point ($199-299).

Second, we know from what Sony has said that they can't afford to do a cut this year, and their focus is on turning a profit. Not only can we expect the PS3 to take a hit, but I wouldn't be surprised to see them hit by slower sales in computers, HDtvs, and blu ray.

Now, it may not work out that way - sometimes entertainment does well in tough economic environments, but I don't think anyone, especially Sony, is counting on it. Therefore they have to be able to sustain the profitability on what they do sell, and that means keeping the price high on the consoles. ?They may be able to cut prices on hardware like TVs that are already profitable, but so long as they are losing money with PS3 sales, the price stays.

So long as they can get the regular Dark Knight  DVD at WalMArt for $15, the draw of putting a $25 BRDVD in a $400 console will be minimal.

 No, the credit crunch is down to subprime mortgages, inflation is down to oil.

world wide outside of the states, you could have used gm pullingout of superbowl advertising. i know formula one airs in the states, but for the life of me i cant remember ever seeing it on in a sports bar, or ever watching ot on tv or knowing anyone who does.... i dislike nascar too, but i do know people who love i watch it and its on in sports bars.

so when dealing with the states, remember,we dont always have the same big fallowings of the rest of the world  (rugby kicks ass though)

on topic, sony cant aford it... they have already said in january 2009 is when manufacturing costs will be at 400 which means they will still be taking a loss on advertising and shipping and what not... march, they just have to ride it out till then, packins are the way to apear like a price drop with out lowering the price.

also ive brought this up in many threads how many people here are feeling the crunch were any of us denied a home loan or car loan, or were we fired from the banking industry? who here earns less than last year, or has had thier creditcards canceled by the companies that held them?

i think they still would have, and do you have any information showing that they are taking a loss on each console the said this summer they werent and with another chip revision and time prices could be easly down to under the cut, sony is the only one who has said they wont be making a profit until next year january o9. further, ms is a planned cut, and profits are what matter, so if ms is say losing money on the arcade and making very little on the pro and a good bit on the elite, people buying excesories like storage units or controlers, make up the difrence in low end, and games are pure bonus.

however we will never truely know how the xbox and its products are doing, due to ms putting it in with zunes and surface and other experimental units. so the division may loses money anyway or make money without the xboxs help. only ms knows.... now share holders could demaned that info if we have any share holders here they should send in a request, and see what happens

 Yeah but the credit crunch is all down to the inflation so it all kind of links in.