According to P.J.McNealy of American Technology Research we can expect a price cut for the PSP sometime during the holiday season. Apparently, Sony is stockpiling finished gaming hardware which is believed to be PSPs. Although hardware sales have been pretty solid with 20 million units
sold shipped, the DS is still on top with 21 million units sold, a slim lead. However, hardware sales don’t tell the whole story. The DS has been stomping the PSP in terms of software sales with new games such as Brain Age and Nintendogs that appeal to a wider audience. A $50 price cut (bringing the price down to $150) combined with the future firmware update that will allow downloadable PSOne and a GPS receiver could give Sony the edge it needs to overtake Nintendo in the portable gaming war.
Thanks to murder1 for pointing out that the PSP has only shipped 20 million and not sold that many. Mea cupla.[via CNNMoney.com]