Although Sony confirmed that sales of the PlayStation 3 were to be discontinued in New Zealand, the console remained in production in other markets. Now, its existence is finally coming to and end, as Sony has revealed that it will stop production of the console in Japan — which is always the first and most impactful sign that the console is finally going to it’s resting place.
The PS3 debuting as the most expensive console in ages — a 20GB model was sold for for $499 and a 60GB version for $599 — this was a shock to gamers. When the console debuted in a head-to-head battle with the Xbox 360, which launched with two models priced at $299 and $399, sales of the PS3 struggled.
Although the PS3 suffered early defeat in the face of Xbox 360 sales figures, it eventually regained its stand and scored some fantastic exclusive titles. Particularly after the introduction of the Slim model, the PlayStation 3 had good sales, putting it about on-par with Xbox 360, but behind the Wii. As of March 2016, PlayStation 3 has sold 85 million units worldwide.
Sony’s decision to finally wind down production of the PlayStation 3 in Japan means that the major markets will likely see low supplies as well. Former Sony exec Ken Kutaragi previously said that the console would have a ten-year life cycle. The PS3 was launched in November 2006, and now it’s 2017, one could say the PlayStation 3 has held on longer than expected and that was achieved thanks to impressive game libraries and revamped console iterations.
The PlayStation 3 (abbreviated as PS3) is a home video game console developed by Sony Computer Entertainment. It is the successor to PlayStation 2, and is part of the PlayStation brand of consoles. It was first released on November 11, 2006, in Japan, November 17, 2006 in North America, and March 23, 2007 in Europe and Australia. The PlayStation 3 mainly competes against consoles such as Microsoft’s Xbox 360 and Nintendo’s Wii as part of the seventh generation of video game consoles.
The console was first officially announced at E3 2005, and was released at the end of 2006. It was the first console to use Blu-ray Disc as its primary storage medium. The console was the first PlayStation to integrate social gaming services, included it being the first to introduce Sony’s social gaming service, PlayStation Network, and its remote connectivity with PlayStation Portable and PlayStation Vita, being able to remote control the console from the devices. In September 2009, the Slim model of the PlayStation 3 was released. It no longer provided the hardware ability to run PS2 games. It was lighter and thinner than the original version, and featured a redesigned logo and marketing design, as well as a minor start-up change in software. A Super Slim variation was then released in late 2012, further refining and redesigning the console.