The PS3 is in dire need for a price cut, but that would be ever worse for parent company Sony, which already loses a hefty sum of money on every PS3 sold.

One of the ways to save money is to cut the amount of suppliers needed for a PS3 console, which is exactly what Sony is doing. The company has revealed
that it plans to cut the amount of suppliers from 2,500 to 1,200 next year in order to save costs. While this is done across all divisions, not just the PS3, it will certainly mean cost savings for the console as well as Sony’s other electronics.