PS3 price cut pulls down Sony profits

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Here is a link to a story regarding price cut in Japan for PS3 is cutting into Sony’s profits. Sony is going to introduce cost cutting technology while maintaining current performance in future Playstation 3. They plan on having a new version of the cell processor that is 40% smaller using a 65 nanometer production process. Sony is still on target to ship 6 million Playstation 3 by March. Retail price cuts of the Playstation 3 was hinted to occur in maybe two or three years. Most likely when advanced components allow a reduced size of overall parts we could see in 2 or 3 years Playstation 3 $100 cheaper then current prices.

http://www.infoworld.com/article/07/...C-TB2007-01-30

P.S.

Since many people in Japan have BLU-RAY players the PLAYSTATION 3 is not as popular in Japan as the rest of the world. Since there is still a shortage of Sony PS3 in the US some people are selling the Japan version of Playstation in the US on EBAY.