
The so called console cycle sees new generations of machines released approximately every 5 to 6 years, but having a production life of around 10 years. So the generations overlap. This enables the platform holder to have a two model range at different price points, an older, less expensive, model and a newer, more expensive, model.
Sony launched the original Playstation in December 1994 and followed it with the Playstation 2 in March 2000, yet they kept the original Playstation in production till March 2006. So for 6 years they were selling both machines. A few months after stopping production of the original Playstation they launched the Playstation 3, in November 2006, and they were back to having a two model range. The Playstation 2 is still selling massively well worldwide, and so it should, it has about 4 years of production left to run.

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.

LucasArts gave Jango Fett his own game in 2002, and it pulled Star Wars into a much dirtier, rougher, and more interesting corner of the galaxy.

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.
THIS IS NOT NEWS!
1)Creating faulty hardware,
2)They dont plan to support the 360 for a LONG time
3)Less emphasize on worldwide market
The PS2 is holding the PS3 back...why should developers and gamers take a chance on an expensive new platform? And the worst part is, with the PS3's relatively lackluster sales Sony can't afford to stop selling the PS2. They're caught in a trap.
from long console lifecycles are the manufacturers bc all those systems are seeing a profit on hardware finally. Now that PS3 is here Ps2 will most likely get EA sports games and Movie licensed garbage. Once in a while a good game or 2.
All of the focus is shifting to PS3...PS2 will just get the scraps. I think the Wii is changing the consoles lifecycle though. It is lower powered hardware at an affordable price....and selling like wildfire. I don't see it stopping.
before PS3 was launched i actually said to my workmate that "Microsoft is making a big mistake releasing it early, they need more time. Remember, Sony made a big mistake when they released PS2 early, too."
Now after hearing so many reports of xbox 360 failures, Microsoft is losing alot of money.
Sony took a risk delaying PS3 a year later. Now PS3 are available, PS3 experienced just 0.01% failure rate.