By now we all know that the 40GB PS3 is on its way for the price of $399 USD, just in time for the holiday season, you know, that time of the year when people spend a lot of money on gifts for giving. There is also that rumor that the PlayStation 2 will get a price drop and sell for around $99 USD and I'm sure for that price a lot of people will be buying it if they don't already have it.
Right now the Nintendo Wii is crushing its competitors, the true next gen consoles like the Xbox 360 and PlayStation 3, down to the ground, and it's mainly due to the lower price and the promise of games that will be better experienced more interactively with the motion controls of the Wii-mote. Right now the Wii's biggest competitor is actually the PS2 both in sales and graphics, some would argue of the latter. Some would also argue that the PS2 is last gen and consumers should skip it for what's being offered now.
The PS2 has sold well over 120 Million units sold and it's still getting bigger because the PS2 is still selling quite decently, especially in Japan where it's outselling the Xbox 360 as well as its very own successor, the PS3. The president and CEO of Nintendo,
Satoru Iwata, has clearly stated that the Wii is aiming to break the PS2's worldwide sales record and they want reach the goal much quicker than the 7 years it took for the PS2 to reach that number. If I was at Sony and I heard that statement then I would most likely plan on keeping that magic number for years and years.
I'm sure a lot gamers, myself included, as well as industry journalists, developers and analysts were really baffled by the news that the new 40GB PS3 model would not include backward compatibility with all PS2 titles but would do so with PS1 titles. This made no sense since the 80GB model, the one without the built-in PS2 chip, already plays PS2 games through software emulation even though the numbers of compatible PS2 titles are limited compared to the 20GB and 60GB units. This also made no sense since the PS2 has a huge library of games and that Sony had promised backwards compatibility from the very start. It didn't make sense before but now I'm seeing things much differently. I'm sure some of you reading this already know which direction I'm going next.
Sony will do whatever it takes to keep their hard earned worldwide
sales record from getting in the hand of the Wii and that means taking out
backwards compatibility from the new PS3's and marketing the PS2 again
in order to make a bigger profit. With upcoming AAA titles like Guitar Hero 3, Rock Band and Sony's very own popular franchise, SingStar, I'm sure they will attract a lot of new gamers or non-gamers to their affordable console with a vast library of stellar games that is still getting bigger
and better and also the ability to play CDs and DVDs for the price of $99 (or less if you're in the UK or Europe) and that's not a bad deal at all.
Let's not forget that the Wii will still sell for $250 USD and they are still expecting a shortage of units for the holidays even though some analysts think that's all bullsh!t PR by Nintendo who are actually holding back a lot of units to sell it all for the holidays and have a huge fourth quarter earnings. When all is said and done, the PS2 and the Wii will sell a sh!t load of units therefore making a lot of money for their parent companies. Sony's PS2 worldwide sales will probably grow larger and may stay that way for a long time unless the Wii is not really a fad like most analysts speculate especially with the recent announcement of acquiring the very popular Japanese franchise, Monster Hunter 3, that helped sell a lot of Sony's PSP hardware.
By next year I'm sure that the PS2 will finally retire and then we will hear someone at Sony say that they have reached a breakthrough in technology and that the next firmware update (possibly 3.00l) will allow the 40GB PS3 users to play PS2 titles after all. I might sound like I'm bashing Sony even though I'm a Sony fan but I must say that the business aspect of gaming sure takes out a lot of fun and it ends up hurting us in our wallets. Please keep in mind that all I've said is my own opinion and speculation. You can agree or disagree all you want and I wouldn't give a flying fcuk but thanks for taking the time to read.
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
The charity event will be streamed live from Gamescom in August.
Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.
Wow. Never thought of it that way. Maybe you should be an analyst :)
so 178 sales increase in UKWOW!!!
Also a proof that Sony really listen their costumers like they pretends, also about BC that people where mad at. Numbers show that people from UK REALLY DO NOT CARE ABOUT BC.
The question is: what is the servey say about USA. In UK PS3 have the lead I think. As Sony listen costumers, and I notice Sony act differently between regions there is chances we see BC in US if people want it.
I hope they keep the PS2 price like that it will help PS3 sales.
Ya excellent blog, no one talking about the PS2 sales that beat Wii.
They should get some mote for the PS2 to compete wii, but that is my way of seeing it.
Also to mention that Wii usual price for games are 50$ compare to 60$ for PS3. But PS2 games are still cheaper. They should keep the PS2 until 2010 on shelves.