Sony - PS2 Until 2010, First PSP Game Demo?

ack154 writes "Reuters has a good article from the Game Developers Conference in San Jose, explaining how Sony is planning to milk PS2 sales until 2010. They see a lot of potential still down the road. Also mentioned at the conference was that Sony has no plans to speed up PS3 development based on the next Xbox system. There was also an emulated demo of a game for the upcoming PSP handheld." Elsewhere, GameSpy has a more detailed write-up of the same GDC keynote, and 1UP.com has in-depth information on programming the PSP from another GDC lecture. Update: 03/26 14:31 GMT by S : 1UP has added a streaming movie of Death Jr., the PSP game demonstrated, to its coverage of the keynote.

Comments

Developers?

[Bleeding Heart Nymph]

Can Sony afford to release the PS3 long after the Next Box?

Loyal Sony fans, like myself, will definately wait for the PS3 to come out, and will not bow to Microsoft. But what about developers? Will the major companies continue to release their big name titles on the PS2?

Honestly, there are not nearly enough people that are that loyal to Sony. That means a lot of people will readily go from PS2 to Next Box. Do gaming companies hold strong loyalties where more money is to be made elsewhere? I have my doubts.

So far, PS1/PS2 together have not only a much larger library of games than Xbox, but the I believe the games they do have tend to be better. That, more than anything else, I think, is what has kept PS2 so strong against Xbox.

On the flip side, a large portion (perhaps most, I've not seen the statistics laid before me) of PS2 game developers are based in Japan. There is virtually no X-Box market in Japan, so Sony's biggest contender there is Nintendo. So, we don't have to fear too much for Sony's financial well-being, nor that the japanese developers will move to X-box. The biggest potential problem of Sony not releasing PS3 until after Next Box is released is obviously profits in America, and possibly Europe (don't quote me on that). If Sony takes a major financial hit in mid-developement of the PS3, what does that mean for it's developement? The major benefit for us as consumers to wait for the PS3 is that they can spend longer time developing it, hopefully making it a better system. But what happens when while they're developing it, budget for it is drastically reduced? That's what I'm worried about.