While not considered a financial failure, the Play Station 3 fails to achieve the same success of the the PS2.
The Play Station 3 has had a few things going against it from the get go. These include: A high price tag, A new proprietary disc (blu ray), poor design, hard to develop for, stiff competition from Microsoft.
In an attempt to salvage whatever market share it can Sony it seems, is pulling out all the stops. This year alone we saw the a re-design of the Play Station 3 along with a price drop. And still to come, the redesign of the PSP and the release of a new handheld titled PSP Go.
The PSP Go is designed to co-exist with the PSP. Unlike its counterpart it does not have a UMD drive. The PSP Go is designed to take advantage of the Play Station Network. It is set to be released this October.
The success of the PSP Go is unknown at the moment. Despite the difference in target audience, the PSP Go faces stiff competition in the handheld market.
Competitors include: The Nintendo DS, PSP, Iphone/Ipod Touch, and multimedia phones.
While the winners of this console generation are a given, the foundation for the next generation are set in place. Sony used to dominate gaming, there is no reason why they can’t do the same again.
It all depends on how they are perceived by the gaming community.
