Analysts Analyze: Playstation 3 Price Cut Needed?

Texyt has an article this morning about the Playstation 3, Sony's struggles and the analysis of Japanese company Nomura. In the article, which originated from Japan's Nikkei newspaper, the analysts claim that Sony has a mountain of unsold PS3s and needs to cut their prices to get through the new financial year (which began on April 1st).

Despite the $1 billion in losses expected this year, and the $2.5 billion reported last year, Nomura's researchers do expect PS3 losses to end in later years, but are uncertain when.

Sony has sold only half of the six million PS3s it has manufactured to date, Nomura estimates. Other sources estimate the number of units shipped out of Sony's factories somewhat lower, at five million, but concur on the sales data.

Read more at Texyt.

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