In February, analyst Mike Hickey indicated a PlayStation 3 price drop would hit near the end of the month. Didn't happen. He also passed on speculation that Sony would drop the PS3's Blu-ray drive.

Wait. What? Drop the thing that makes the entirety of the PlayStation 3's physical game library playable? That's what he said. See? "We are also hearing continued speculation that Sony is working on a non-Blu-ray PS3 console, which could enable them to make the aforementioned hardware price reduction," Hickey wrote in a note to investors last month.

Sony says there's no way that's going to happen.

"That would pretty much destroy the PS3's backbone, our games were built on Blu-ray," Sony marketing manager Kim Nguyen tells Business Insider. "Quote that: Blu-ray will always be part of PS3."

Glad we got that sorted out. Also, duh!

Sony: The PS3 Will Always Have Blu-ray (SNE) [Business Insider via VG247]

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