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No, what's hurting holiday sales is a lack of money and a $400 dollar console.

The uninformed general public has no idea this price cut exists. It will occur at some point, but likely not March.

Actually, the 360 is the one hurting the PS3 holiday sales the most.

The "leaked" price cut isn't really a factor, but the price is. AKA. people just wan't a cheaper PS3.

 This. Want to know what hurting the sales??? The games are good, not amazing but very good for the number of them that came out. The problem is that the other to systems are getting the attention.

Would Sony tell us about Price cut? Would Sony Tell us how much they make off PS3 (If they do)? OF COURSE NOT. Sony will know what their financial situation is, not some random internet Forum Posters.

Sony already told us a lot of things (actually they told investors but the information is public since they're a publically traded company).

They told us they're not making money on PS3 hardware. They told us their current objective is to get the gaming division to be profitable, not to get market share. Most recently, they told us they're in trouble due to the economic crisis and currency problems, then they fired 16,000 people.

Don't let that stopping you from hoping for the best though. Just don't be too surprised if the best is not what happens.

Only internet nerds like us read about the rumor normal people have no idea about any price cut