Sony sold more than 80 million PlayStation 3 units over the course of the system's 10 year lifespan. It might not have outsold its phenomenally successful predecessors, but the platform obviously wasn't a failure. However, that wasn't quite so obvious in its early days.
How was Sony able to perform a huge course correction?
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
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I'm glad Sony managed to turn things around. I can't even imagine this console generation without them.
Best $700 purchase I've made.
Remeber opening that box and taking out that shinny console and playing Resistance, good times.
I'm sure sony learnt a very big lesson during the early days of the Ps3,complacency is dangerous. Normalcy has been restored as we can see, Ps4 season has been filled with alot of good decisions and games
I thought it would be a success. But gamers kicked them in the nuts on that $100 difference to Xbox 360.The negative atmosphere was insane against Sony. Even on N4G.
The biggest complaint I think was that Xbox 360 already had more than a year head start in most markets and PS3 had yet to hit the ground running and showing the difference initially.Also, the Microsoft advertising and marketing machine was in full force. When EGM did this
http://1u88jj3r4db2x4txp44y...
And editors and journalists everywhere seemed like they were being bought with advertising dollars that hurt PS3's image. And places like game trailers were putting out tainted game videos of colors being supposedly washed out. Or the side by side videos of PS3/360 games turning out to be the same PS3 game.
Or games getting hit negatively in reviews for something stupid as "too much variety." Flat out lies to push site hits when they were caught more than once doing it and closing forums when called on it. A true quest to drag the market leader down. When PS3 did all this and more:
PS1,PS2,PS3,CDs, MP3s, DVDs, upscaled DVDs, bluray, 3D bluray,HDMI, Wi-Fi, USBs, memory card ports, larger replaceable HDD size, free online, Bluetooth, rechargeable batteries, motion control (e.g. heavenly sword), custom wallpaper, internet browser,etc.
We all know Sony brings the games and they did. But to not accept the system for all it did when each feature was game related including the one disc only, larger game world sizes,unscratchable bluray disc that was worth its inclusion.
But things worked out when Sony kept tossing out game after game after game even after launching PS4 when they could have easily abandoned PS3 and brought those games to next gen. Gamers just needed to understand that advanced game engines take time to make which improve the games. Like from uncharted to uncharted 2.2 was the most awarded game until the last of us showed up.
I'm glad they continued that trend of advanced games engines and award winning games.And the fact that they were not going to let anyone launch with that much lead time on the market ever again without being ready. Or let advertising dollars dictate trends.And it shows based on their lead and quality this gen.
Last gen only made Sony stronger.