Can Sony PS3 sales exceed PS2?

At present, Sony PlayStation 3 is the worst selling latest-generation video game console. However, Kazuo Hirai, chief executive of Sony Computer Entertainment Inc., hopes that the latest system will eventually outsell its predecessor, Sony PlayStation 2 with 150 million units sold worldwide.

The original Sony PlayStation that was launched in 1994 was sold in 102 million units quantity worldwide, whereas the PlayStation 2, which was released in 2000, passed the 140 million units mark recently. The market of video games is increasing dramatically, particularly in the U.S., these days, hence, setting an unprecedented goal for the PlayStation 3 is not something strange.

But there is one thing that should be kept in mind when comparing PS2 and PS3: the former dominated the previous round of console war for the market and neither Microsoft Xbox  or Nintendo GameCube could rival it. Nowadays Nintendo Wii has outsold both PlayStation 3 and Xbox 360, moreover, the latter is still ahead of its Japanese rival in terms of installed base.

Game developers already recognize Wii as the winner of the current round and predict that both PlayStation 3 and Xbox 360 will trail Nintendo’s latest video game system.

Xbox 360 price will drop by next month?

Just a few weeks ago we have head rumours about new Xbox 360 price drop by Microsoft once again. However , the confirmed news source is just speculation.



Art Technica is reporting that Microsoft will cut the price for its Xbox 360 consoles next month. Apparently, they expect the Xbox 360 Arcade (no hard drive) to carry a new price tag of $199, the Pro (60 GB) version of Xbox 360 would be made available for $299 and the Elite (120 GB) model would cost $399.

Previously, Microsoft had reduced the price of the 60 GB version to $349 and 20 GB model to $299. Now, if you compare the cost, 60 GB has again reached the same price tag as that of 20 GB.

Comparing the current prices of Live Arcade and Elite console with the new speculated prices, the Arcade will receive a price cut by $80 and the Elite console will have a price drop by $50.