Hopes ran high among potential PS3 purchasers when the Financial Times recently interviewed Sony President Ryoji Chubachi. He alluded to the fact that Sony may consider a price drop for the PS3, saying, "We are re-examining our [PS3] budgeting process in terms of pricing and volume. Sales assumptions change and the market is competitive. We are in the midst of revisiting our strategy for the PS3."
Sony immediately issued a statement to "clarify" what Chubachi meant and stated, "PS3 prices and shipment plans for the future should be determined by market trends and competition. Sony currently doesn’t have any specific plan to cut the PlayStation 3’s price".
[via Gamasutra]