
The video game console cycle typically lasts about five years before a new generation of hardware hits the market. Sony brought the PS3 to market more than six years after its predecessor, the PlayStation 2, debuted. By contrast, Microsoft replaced its original Xbox with the Xbox 360 after just four years.
IDC predicts the worldwide installed base of PS3 consoles will reach 23.8 million this year, up from 8.5 million last year. It projects Xbox 360 hitting 26.3 million, vs. 17.8 million in 2007.
Both, however, will trail Nintendo's value-priced Wii video game console, which is targeting casual gamers instead of the hard-core gamers Sony and Microsoft are pursuing. IDC forecasts the Wii reaching a worldwide installed base this year of 43.7 million, compared with 19.9 million last year.

Square Enix launches Final Fantasy X 25th anniversary site, revealing new Nomura art, books, music releases, and merchandise.
Look I know VIII has its issues and all that but how on earth can the do big anniversary events with new artwork and merchandise for VII, IX and X yet VIII got sweet f*** all.
They could have given it something during its 25th anniversary yet all it got was a single Happy Anniversary post on their social media.

A brutal reset, a smarter story, and a return to what made it great—Mortal Kombat (2011) revived the series.
15 years went by so fast. I remember playing through the story mode at launch.

Why did Sony push Shuhei Yoshida out of his role leading PlayStation's first-party games? He'd overseen some huge successes. Well, apparently, he didn't listen.
Yeah I can see that for sure. Shuhei Yoshida should have been in charge not Jim Ryan.
More confirmation that Jim Ryan is the culprit for what has happened to Sony. Hulst needs to go too. What sucks is that a lot of the good top heads at Sony are no longer there. I wish that guys that were forced out prematurely by Dumbo Jimbo like Shuhei and Layden came back.
Makes you wonder if MS even thought about hiring him after Phil and Sarah were leaving. He certainly couldn't make their situation any worse.
All the gamer/consumer lead heads are gone across PS and Xbox. shuhei gone phil's gone (questionable) but gone. The future of gaming is somewhat uncertain across the board.
cause yesterday, you said: "do u know how many years it's going to take the ??? to catch up to the ???....lol"
More like months....
there's no doubt that the PS3 has a ton of momentum right now, but it will be interesting to see if Wii sales ever slow down.
I just don't get it, why is it that cheapest Xbox 360 model starting at $279.99 (only $30 bucks more than the Wii) isn't selling 300,000+ units every month in the United States.
The Xbox 360 just BARELY outsold the PS3 in April by just 900 consoles and in May, the PS3 outsold the Xbox 360 by 20,000+ units and the Playstation 3 still is the more expensive console selling at a $400+ dollar price point for the cheapest console. It's obvious that people are choosing the Playstation 3 for a reason and I think that it's because a lot of the Playstation brand loyalty is remaining intact.
But I do believe that Sony could easily outsell the Xbox 360 by just staying out in the market longer just like the Analyst stated. Microsoft said that the Xbox 360 will have "a longer tail" than the first Xbox, but I honestly don't expect the 360 to be out on the market for no more than 4-5 more years. The PS3 will be out on the market for another 7-8 years at least due to the 10 year lifecycle and because of the fact that the PS3 is literally future proof.
the real question is will the WII even last 5 years. they just released all their exclusives and all we are left with getting now is shovelware.
Goddam where do they find these analysts? In the rehab centres?
If the ps3 wants to get to 23.5 mill sold by the end of 2008, they will need to sell 11.5 million units in the next six months. (oh dear)
Someone at IDC has been smoking the crack pipe and will be looking for a new job shortly methinks ;P