Tomsguide: Yesterday Sony made waves with the announcement that the company was lowering the price of the PS2 to just $99.99. While this was better than nothing, the consumer was a little disappointed that rumors about a drop for the PS3 didn't come to fruition.
ZoomToday the Wall Street Journal reports that there still could be price cuts for the PlayStation 3, especially now that the PS2 has seen a price drop. Citing analysts who claim Sony is still likely to cut the price of the PS3, the WSJ reports that Sony needs to lower its PS3 prices for a number of reasons, one of which being the surge in sales that Microsoft saw following the price reduction for the Xbox 360.
However, while analysts are saying it's likely we'll see a cut, we're not so sure.