MS predicts a Playstation 3 price cut 'soon'

With a 28 million Xbox 360 base and keeping a sales lead over the Playstation 3, Microsoft knows that the worldwide console price cuts they enacted in 2008 have been a key component to their strategy. Something that Sony has yet to do with PS3, which Microsoft exec Aaron Greenberg finds surprising.

"We absolutely expect the PS3 price drop to happen in the next couple of months," Greenberg told Edge. "We're frankly surprised it's taken this long... I would expect they'd have to move on price, sooner than later, for sure." Color us surprised as well.

Continuing into 2009, Microsoft is well aware that Sony will become more aggressive in their PS3 pricing which, truth be told, is still an expensive piece of hardware for the casual market. Greenberg is right though, it's truly odd to see Sony staying firm on their pricing structure, especially with how things are playing out in the industry.

[Via Eurogamer]