More PlayStation 3 Predictions

GreyGusMan writes "On the heels of last week's report that the PlayStation 3 would be released by the end of the year, CNN/Money is now reporting that Sony will not release its next console until 2006 - a year later than most of the industry has been predicting up until now. The column points out that PlayStation 2 sales have remained stong for much longer than the PlayStation and the technology Sony has planned will take a long time to create. Meanwhile, the same column mentions that the expected May price cut may be less than expected. Most people were expecting the PS2 to drop to $149, but $179 is now also a possibility."

Comments

Re:Why would they want to?

[larien]

If they try to milk it too long, they'll fall behind the technology ladder. Fall too far, you risk losing market share and people will just buy Xbox(2) instead. Game makers will follow and soon PS3 is a dead duck before it's launched.

As it is, they're already behind Xbox technologically and the only thing keeping PS2 winning is the game selection. If MS buys up enough games companies for Xbox only titles, PS2 will start losing market share heavily.

*shrug* time will tell, as ever; 3 years is a long time for MS to make Sony an also ran.

Re:Competiton

[binaryDigit]

As other people have said the PS2 unit itself might start making money for sony as production costs fall

Repeat after me, Sony sells PS2 hardware for a profit already. Have for a while now.

I look forward to the day I can play a photorealistic games rendered in real time.

As long as the games don't suck. I look forward to the day when focus comes back to gameplay and not pretty pictures.