Stefanie wrote:

Analysts have lauded the price cut and say PS3 sales will be strong this Christmas – although not as strong as Nintendo’s. “The PS3 is gathering momentum but Wii will remain the winner this Christmas because Sony took too long to cut prices,” says one analyst at an investment bank in Tokyo. “But the Sony games strategy is finally working and we haven’t seen that in the past two to three years.”

Another big problem with the PS3 is the lack of games. And that comes from the difficulty of developing the games. It's such a smart, but complex system that gaming companies are having to put a lot more effort into writing the games for that console.

RE: A price cut too late for PlayStation 3