Ben Kuchera, writing for The Penny Arcade Report:
Sony has lost this generation, and there is no reason to lower the price and lose more money than necessary. Sony’s focus is on next year, and its next generation console; they are aware that there’s little that can be done to fight off the competition this holiday season…
…The PlayStation 3 and Vita are going to be low sellers during the North American holiday season. Full stop. That lack of momentum going into 2013, mixed with Sony’s ongoing financial problems, puts Sony in a defensive position in 2013. We won’t be seeing many bold moves when it comes to hardware; Sony doesn’t have the power at the moment to take risks with the proprietary architecture and bleeding edge components that led to the PlayStation 3’s high launch price. This may make it hard to differentiate the console from its competitors, and create even more of a marketing challenge for Sony.
Ben has a good point. Vita will end up as a complete platform disaster for Sony, and what’s the big “hook” for prospective customers to pick up a Playstation 4?