Why does Sony need to drop the price? At the moment the console market is the domain of the hardcore gamers or those with money to burn. If you look at hardware launches down the years the same thing happens. ie massive first week or 2 sales then a (massive) slow down, before sales start picking up.
People keep moaning about the price of the PS3, is it really that expensive compared to the 360? In my view no. The 360 costs £280 for the Premium version.
But does it have HDMI connector? Nope.
Does it have HD-DVD playback as standard? nope.
Does it have wi-fi as standard? nope
To bring the 360 up to the standard of the PS3 will cost you another £200 (HD-DVD = £130 Wi-Fi = £60)
So MS counter the Sony challange with the Elite,
WTF, what a complete waste of time creating another model of the 360 without fixing the faults of the current models. So what we get a 120Gb Hdd, or a HDMI, but it still sounds like a jet engine when being used, and it still has the same cpu so therefore the same faults will soon surface ie ring of death.
So do Sony need a price drop when their main competition can't produce reliable consoles or make enough consoles 6 months after launch?
MS are running around like headless chicken in regard to their hardware plans, 3 models so far, with a redesign with new cpu on the horizon. Then the statement saying that they will jump on the blu-ray bandwagon if needed.
Nintendo have a great console and a wonderful controller, but where are the games? Where are the games that take full advantage on that controller?
So do Sony really need a price drop? I'd say no. The market is there for the taking, but no one wants to step up and take control.