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Sony PS3 price cut coming says Xbox 360 product manager
PR News: — ... months. He said “We’re frankly surprised it’s taken this long.” Let us hope that he is right, Sony need to do something if they hope to have strong sales in this current credit crisis. Wii sales now stand at 45 million units, and it was launched a year after the Xbox 360. Microsoft knows that they have no way of competing with the Nintendo Wii, so their main rival is the Sony PS3. Sony need this price cut if they wish to stay competitive with the Xbox 360. Source: Read

Microsoft exec predicts Sony will be forced to cut PS3 prices
Engadget — After a couple weeks in which the 360 posted better sales numbers than the PS3 and it was revealed that Sony inadvertently funded Microsoft's next-gen development efforts, you'd think Microsoft execs would be getting a little cocky, but it sounds instead like they're expecting a renewed offensive from Sony based on price. That's direct from the 360's director of product management Aaron Greenberg, who told Edge that MS "absolutely expects" a PS3 price cut in the next few months, and that the team is "frankly surprised it's taken this long." Of course, we've ...