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Epic: PS3 price to drop when Sony's finances are ok

Posted on Wednesday, 22 July 2009 by Speed, source: Eurogamer
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Epic's Mark Rein stated in an interview that he believes Sony will lower the price of its Playstation3 once the company's finances are back in order.
The truth is Sony has had a difficult year and I think they had to do what they had to do to try to be profitable. They have their own financial issues to solve and lowering the price of the console would probably have made their situation worse. They will get around to it in their own good time. If you're willing to look at this as a long-term play, they're going to be just fine.
Everyone's cutting costs these days and trying to improve margin. Sounds logical to me.
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