Why is sony being so stubborn?

Question

Sony is losing money with the ps3 right now, and microsoft has confirmed the xbox 360 premium price drop to 299 us dollar and the arcade will be 199 and the elite will be 399 all in us dollar. The wii will not cut the price, because it is just destroying both companies in production sales. So can anyone tell me why sony is not dropping the price they have shut down the rumors of the 100 dollar price cut this holiday season. But why it cant compete when they are at the same price with microsoft what will happen to sony when the xbox and the wii are both 100 dollars cheaper.

Answer 1

Nothing will happen to Sony.  The PS3 is still a good deal as it is.  And with the failure rate of, like, .2%?  h**l, I would've paid $700 and still be happy.  High quality products are always gonna cost more, that's how business works.  Of course they're not gonna lower the price if they're losing money already, that's just ignorant.  The Japanese are very, very patient people and will wait for word to spread.  Everyone will have a PS3 in the house soon enough.