470°

Sony PS3 hit by £10m in cancellations

The long-awaited UK launch of Sony's PlayStation 3 (PS3) games console has been marred by the cancellation of more than £10m worth of orders from retailers and consumers.

Retail industry sources claim the electronics giant has had as many as 20,000 pre-orders of the £425 console cancelled in the run-up to its delayed launch last Friday.

There have been none of the stock shortages typical of earlier console launches and the majority of the cancelled pre-orders are believed to have come from speculators hoping to sell the units on eBay for a profit.

Virgin Megastores claims to have ordered significantly more PS3 consoles than rival Nintendo Wiis or Xbox 360s, both of which sold out within 48 hours of hitting the shops before Christmas. However, it has sold only two-thirds of the several thousand PS3s available in its UK stores.

In an attempt to generate buzz around the launch, Sony offered a free Bravia TV worth £2000 to the first 125 gamers to purchase a console.

"The launch of the Play-Station 3 has been a victim of its own success,' said Stephen Lynne, senior promotions and partnerships manager at Virgin Megastores. 'There are so many available that consumers know they can get one when-ever they want."

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brandrepublic.com
SuperSaiyan46240d ago (Edited 6240d ago )

Sony are stupid and desperate had to give HDTV's away to give themselves some positive publicity because no one else would, then paid some twat on GamerTV to act like a complete and utter idiot of a Sony fanboy.

Oh and does everyone know that the HDTV still does not come with a HDMI cable? HAHAHAHAHA

nice pic! LMFAO!!

Hey Rider pass some positive feedback my way will ya done for you matey! ;-D

DC RID3R6240d ago

I thought i was the ONLY one who noticed that :]

Gamer TV + The Gadget show are both backed primarily by sony supported companies. Not hating, just pointing out the fact that there's always 2 sides to a story. When you watch gamer TV or the gadget show, your watching sony. 0.o

But the REAL question is..............

shikwan6240d ago

That was just wrong! You can kill somebody with a gut shot, man. And that clearly was below the belt! lol

Caxtus7506240d ago (Edited 6240d ago )

lol i saw the gadget show on channel 5 last night too.

i laughed loads when he said "photo relaistic graphics" at Resitiance fall of man!

Nothing against the Ps3 at all...i even have one...but the graphics are not that strong when compared to the xbox 360's GOW or the Ps3's own motorstorm. IMO Res fall of man was kinda rubbish and dont even get me started on the animation. They should have showed off Motorstorm.

That aside- just reminding people that the people who turned up didnt know they would get a TV....so it wasnt an incentive(comment #1).

Sony couldn't win after the delay in my opinion. Not enough consoles to create a demand due to shortage would result in outrage as Europe has had to wait long enough already. Too many consoles makes people take their time to buy.

It will be interesting to see how it all works out.

--ChiM^

Caxtus7506240d ago (Edited 6240d ago )

*removed*
Sorry for double post :)

--ChiM^

rowdy 16240d ago

is not allowed on this website. Quit crying. B1tch

Says you6240d ago (Edited 6240d ago )

Considering that you dont even know what your talking about and lieing to yourself 247 and the reason why Sony gave a free HDTV is for the patient gamers that has been waiting all night for morning to get a PS3 unlike you SuperSaiyan4 your more retarded than a sack of dildos and Sony isnt desperate when actually thats what you think. you would have to be extremely retarded in every way to actually believe your own words when you didnt even read the article in why Sony gave free HDTV for gamers that waited to get there PS3 and plus your just jealous cause Sony is doing well in europe than the XBox 360 and Chagy may be the reason why that Sony didnt advertise it cause they wanted to be a suprise have you thought of that d0uche bag.

spug6240d ago

WTF!!! PS3 is in market just 4 days... how can she doing well in just 4 days... How can she doing well if you go to a Store, and you can buy 1,2,3,4 and 5 PS3... Let's wait and see!!

lilwingman6240d ago

People cancelled their pre-orders, so they could just walk into a store and buy one instead? Sounds like a good thing to me.

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210°

Microsoft’s Surface and Xbox hardware revenues take a big hit in Q3

Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.

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theverge.com
darthv7216h ago

Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.

solideagle3h ago

you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)

Sonic18811h ago

I thought darthv72 and Obscure_Observer already work for Microsoft 🤔

dveio55m ago

MS: "Xbox services and content without AB up 1%, with AB up 62%. Hardware down 31%. In total a loss of 350 mill."

darthv72: "Seems about right."

MS: "Excuse m ..."

darthv72: "I don't hardly play on my consoles directly."

MS:

Cacabunga3h ago

I can tell people like you are an absolute minority..

If service is up means their fans and fanboys accepted this model and subscribed to it. The near future you will see a big decline because the service is saturated.

shinoff21832h ago

But that's been ms for years. When things aren't going their way they try to change the way things are said. For instance console sales are down, they stop telling how many sold instead telling us how many hours spent in halo or headshots. So it makes sense console sales down just say people are playing on more devices then previous. What they won't say is how many xbox players jumped ship to ps5.

Cacabunga1h ago

Hardware sales are so bad that Sony and Nintendo are blowing the sales off the water with their hardware.

If Xbox are losers, others aren’t..
Xbox already tried everything with Xbox live then subscriptions went down so much that they had to find something else. Their fans subscribed then reached saturation rather quickly.

Hardware and exclusive games is where it’s at! Keep gamers excited, announce decent software and people will support you

purple1016h ago

Xbox hardware revenue tanks to lowest point of Xbox Series generation

Profchaos5h ago

I'm not surprised surface is struggling they aren't relevant anymore

XBManiac5h ago

Too expensive hardware when others offer the same or more for less? Good work, Green Team.

SimpleDad4h ago(Edited 4h ago)

"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."

That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.

purple1014h ago

Activision: "we gonna need a bigger rucksack/backpack please"

Microsoft: "why's that"

Activision: "to carry yo' weak ass'

Profchaos3h ago(Edited 3h ago)

Top brass have also wanted to start seeing returns on the 100 billion they have put into various Xbox related moves so seeing more multiplatform games is highly likely especially from abk

It's basically saying that PlayStation is the reason Xbox is afloat right now thinks to Ps5 versions of COD

Kornholic2h ago

So basically PS and PC gamers' money is keeping Xbox on life support.

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140°

Why Monopolies In Gaming Must Not Be Allowed

As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.

thorstein15h ago

Shouldn't be allowed in any field.

Inverno11h ago

And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.

jwillj2k410h ago

Eventually they’ll realize the value is with the employee not the company. Buying an IP means nothing if the people who contributed are let go. They’ll get it one day.

MrCrimson9h ago

tech is different because they buy threats and then kill them. Twitter bought Vine and did nothing with it. Despite people seemingly liking it. Could've had tiktok a decade before bytedance. go figure.

Zenzuu10h ago

Monopolies shouldn't be allowed regardless. Not just for gaming.

MrCrimson9h ago

They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -

50°

Mugen Souls Retro Review – Sexy Demon Space Adventure

Gary Green said: We have a juxtaposition of 2D and 3D visuals, flashy turn-based combat, quirky anime characters with cheeky dialogue with plenty of partial nudity; Yes, this is a Compile Heart JRPG. Whilst the engine is borrowed from Hyperdimension Neptunia mk2, Mugen Souls is more of a Disgaea spin-off. It’s not a strategy RPG as such, it merely sits within Disgaea’s ever-expanding universe (Multiverse? Netherverse? Your guess is as good as mine). You won’t find cameos though, since Mugen Souls is a franchise which aims to stand on its own two feet.

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pslegends.com