Record loss for Sony predicted -- PS3 to blame?
Sir Howard Stringer recently said he planned to have a 5% raise in operating revenue by March of 2008, but that doesn't seem likely, says Bloomberg. "The 5 percent margin target is reachable if there is no price cut in the PS3 ... But I'm expecting a 20 percent price cut this fiscal year, and if that happens, the margin will not reach 5 percent." So, will there or won't there be a price cut? If there is, will more people buy the PS3 and surprisingly reach the margin, or will enough people pay full price for the system to attain it?