From joystiq.com:
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A day after it was tabulated that PlayStation 3 was outsold by Xbox 360 nearly 2-to-1 in December, industry analyst Michael Pachter has told GameDaily he believes Sony would outsell Microsoft if it dropped PS3's price to $299 -- the going rate for the 360 "Pro" system.

"I think that PS3 will sell well once competitively priced," Pachter said, adding, "Should [Sony] price at parity with Xbox 360 ($299), I think that PS3 sales would exceed 360 sales, and eventually, they could catch up." Sony's cheer squad shouldn't get too charged up yet, though. Pachter also said that, "At present, it doesn't look like that is happening any time soon, so Sony should be prepared to remain in third place until well after they cut price."
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Full Story: joystiq.com | gamedaily.com
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From gamesindustry.biz:
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YouTube has announced plans that will see its content available on PlayStation 3 and Nintendo Wii home consoles.

The service will be provided through the YouTube TV site, currently in beta, which will customise the content and navigation tools to best suit TV screens.
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Full Story: gamesindustry.biz
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These are the December 2008 NPD hardware numbers:
* Nintendo DS - 3.04 million
* Wii - 2.15 million
* Xbox 360 - 1.44 million
* PSP - 1.02 million
* PlayStation 3 - 726K
* PlayStation 2 - 410K


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From gamedaily.com:
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"Once the PS3 is at a more affordable price point (we expect a cut to $299 in April), we think that sales of that device will once again begin to grow. We expect another cut in price for the Xbox 360, with the feature-laden Pro model likely to come down in price to $249 at or before this year's E3 show in June. We expect Nintendo to maintain Wii pricing at $249 until the company sees signs that demand is slowing, which means a price cut may not happen until late in the year, if at all," Pachter said.
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Full Story: gamedaily.com
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From reuters.com:
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Sony Corp is expected to post an operating loss of about 100 billion yen ($1.1 billion) for 2008/09, the Nikkei business daily reported, far short of the company forecast for a profit of 200 billion yen.

The operating loss -- Sony's first in 14 years -- could be double that, depending on inventory conditions in the January-March quarter, the Nikkei said it had learned.

The maker of Bravia flat TVs and PlayStation 3 video game consoles said in December that it would cut 16,000 jobs, curb investment and pull out of some businesses to save $1.1 billion a year as the global recession hits demand for its products.

The loss would be only the second since Sony went public in 1958 and the first caused by troubles in its mainstay electronics business, the Nikkei said.
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Full Story: reuters.com
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