I wonder if one of the biggest problemas with the PS3 is not the price but the current market situation.

Look at the past generations of consoles. The main difference between them was that the consoles
became more powerful, the medias evolved from cartriges to CDs and DVDs but the way the consoles
worked didn't change that much with them being standalone devices. Yes, the PS2 for example could
play DVDs but still, 99% of the time it was a standalone device.
What happend then? XBox Live open the doors for people to play online and offers online services.
Nintendo developed a new way to play and opened the market of the casual player and some online services too.
Meanwhile the PS3, even having online services and a BR player, looks as it was designed for the
same market that the PS2 lived in. It has innovation in the tecnologies it uses, in the hardware, but
doesn't bring much new outside of the console's case.

People do not see so much value anymore on the console's graphics os cutting edge technologies, but
on the gameplay and services that come with the console. Perhaps if Sony changes the focus of the
PS3 targeting one or more of the strong points proven by X360 and Wii as having a hi value for
costumes, they could revert the current situation.

The PS3 was designed to be the first console out the door this generation. Let the early adopters pay the high price (Sorta the way most new elecronic devices work) and by the time the average person wants it the price will have dropped.

Well on the way the market changes. MS launched the 360 first to establish the front runner price and market and the Wii launched alongside the PS3 which seems to be perfectly alligned with the average persons price point.

So the PS3 ends up in no mans land.

almost 18 million people wanted and got a ps3 so far, is that not a market?

It's a dying market. The market where a powerful but isolated console was everyone's dream. 18 million down from 130 million from the past generation is a huge drop in market size.

people with two jobs...?

I think it is obvious that the only issue with the PS3 at the moment in most people's eyes will be the price! The console has not had a price drop in over a year now and it is showing due to the lack of stellar sales. There are only so far bundles will get you!

Once the console comes down by £50-100 (and $50-100) then we will see the true sales of the console, i would not be surprised if the sales spiked to 1.5-2x that of the amount now in each area!

Good one :D

That 130 million wasn't sold in three years.

Terrible comparison, how long did ps2 take to get there?

PS2 was at 25 million two years from launch.