"As we have stated previously, we do not have plans for a PS3 price drop, and any rumors to that effect are false and are the result of speculation," the statement from SCEA public relations manager Al De Leon reads. "SCEA remains focused on the long-term momentum of PS3. With the industry's best software lineup this year, combined with our most aggressive marketing campaign to date, we remain confident in our approach and the value we're delivering with PS3." -SCEA to Joystiq
Joystiq's Randy Nelson says that Sony may be trying to manage speculation and rumors (Sony had not denied a possible PS2 price cut). Sony, I hope you realize that you need a price cut. There are too many people in this bad economy that cannot afford your system. If you drop the price, you can see your sales numbers and popularity increase. Plus, if you don't, your shareholders, retailers, and publishers will be let down and upset.
[Source] - Joystiq:Sony has 'no plans for a PS3 price drop,' calls rumors 'false'