Add THQ's Brian Farrell to the list of people expecting a price cut for the Sony PlayStation 3. The THQ CEO said during the company's Q4 and year-end earnings call that they do expect Sony to announce a price drop for the black behemoth, but not during E3.

"We're not expecting a [PS3] price cut at E3, but we do expect one later in the year, said Farrell. "Thats just our guess… [and] not based on any knowledge from Sony."

A lot of publishers and developers have already said their piece regarding a PS3 price cut these past few months, but Sony has been rather adamant about keeping the PS3 at its current price point.

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