PS3 Industry Leader In 2007?

Posted by Zonk on Thursday November 17, 2005 @04:56AM from the could-be dept.

1up has a piece on a report indicating that the PS3 will likely be dominant in the industry by the holiday season of 2007. From the article: "Research and Markets also foresees online gaming becoming an increasingly important part of the gaming experience, with Microsoft's Xbox Live service leading the charge. The research overview provides no speculative details on whether Sony or Nintendo's services will be comparative. The next-generation console market as a whole will actually peak in 2008 according to the report, eventually generating $21.9 billion, whereas software sales will rise through 2010 at $16.8 billion. "

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And 1up invented the time machine when? by Guspaz · 2005-11-17 05:06 · Score: 3, Insightful

Another journalist predicted that the PS3 would fail because Microsoft would reduce the 360's price around the PS3 launch, and then release Halo 3 the same day as the PS3 launch. The exact opposite of 1up's position.

So, why should we assume that 1up's predictions are any more accurate? Why should we trust any of these predictions, for that matter?