PS3 Price Cuts Coming! Eventually.

After saying that one potential (future) cause of the PS3’s failure could be it’s high price, Sony CEO Howard Stringer is saying that Sony is looking into reducing the price of the PS3. What he doesn’t say is just about all the relevant information. Of course, we all know that the price of the PS3 is going to come down, eventually, so you’d hope that maybe we’d get some details out of the guy.

However, as a business tactic you wouldn’t expect Sony to announce a future price cut officially or its amount because that would effectively kill sales of the PS3 until the announced date. This is especially true considering the fact that the PS3 isn’t exactly selling like hot cakes.

[Via Engadget]