Sony has counterpunched in reaction to rumors leaked yesterday from an anonymous source who supposedly attended a staff meeting at Sony. There is no planned price cut for the PlayStation 3 in March of 2009.

Say goodbye to your price drop, fans. Although, a lack of plans to drop the price doesn't mean it won't happen. Still, our advice to you is, if you've got the cash and you want the system, buy the dern thing. Little Big Planet will blow your mind and MGS 4 is no slouch, neither.

Also factor in that Sony has been losing money on the PS3 since day one and the tightening global economy and you can understand why they would resist a price drop despite being the most expensive console on the market by a considerable margin.

Smithers, release the fanboys!

Source