Analyst Calls PS3 Price Cut “Ridiculous”
Sony surprised everyone by announcing a price cut on the 20 GB version even before it hits the market. While that is a good sign; lower prices and an indication that they are listening to complaints from the consumers, business wise it isn’t that clever.
According to several analysts, it’s a “sign of weakness” to lower the price at this point. Japanese analyst from Retela Crea Securities, Yoku Ihara, said
“It’s ridiculous to decide to cut the price before they start selling the PlayStation 3. They may cut the price again if sales don’t go well.





