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Analyst Believes PS3 Will Trail For Five Years

Executives at Sony's games division may not be carried away by last month's PlayStation 3 sales data but they could be forgiven a wry smile at the first good news for many years.

After bleeding red ink for seven consecutive quarters, the performance of the PS3 in November could prove the catalyst for a strong holiday season for Sony Computer Entertainment. For the first time since its launch, sales of the PS3 last month surpassed those of Nintendo's Wii in Japan, primarily because Sony introduced a 40-gigabyte model for Y40,000 ($360) and slashed prices on older models.

Continued losses in Sony's games division – following large investment costs for the PS3 and lacklustre sales – has weighed on overall profitability at the Japanese consumer electronics conglomerate, as it is one of the main drivers of future growth. Analysts do not expect the unit to be back in the black until 2009.

Others point out that since the PS3 has such a small presence at the moment, it has nowhere to go but up.

Slower-than-expected Wii sales in Japan have provided the chief boost for the PS3. Though sales in the US and Europe are still strong, Wii sales have started to taper off in Japan: it has a staggering 60 per cent market share and the buzz surrounding it has died down.

In the five years to 2012, Soichiro Fukuda, analyst at Nikko Citigroup, expects the Wii to capture a 46 per cent global market share, compared with 33 per cent for Microsoft's Xbox360 and 22 per cent for the PS3.

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toughNAME3516d ago (Edited 3516d ago )

theFury, Naruto...your going back and forth in Pending News and reporting each as a duplicate

Yes this is bad PS3 news...but its news.

grow up guys

fury3516d ago (Edited 3516d ago )

as if I would do that in every pending news.
this article is garbage and do you know why? because you have to sign up for it, and who cares about what that analyst thinks?
"grow up guys"
wow, you're not in the position to call me immature.

edit: well...well...it's bloodmask again with his 4D-Ken-PS3-Picture...I thought as much!
some of you xbots seriously need to get a life and stop digging out explicitly negative news about the ps3...especially you bloodmask. that seems to be your speciality

edit2: now for the xbots: I don't even own a PS3.

Zhuk3516d ago

take a quick look at Bloodmask's submission history and you'll find that he doesn't 'explicitly' post anti-PS3 news, looks like 95% of his submissions are nothing to do about the PS3.

Do a little research before you draw conclusions about a persons submission history

fury3516d ago (Edited 3516d ago )

And you will find out, that you're a retarded XBot.
And you should also do a little research about PS3's future. Quite soon you will notice it doesn't fail at all. Those apocalyptic predictions about PS3's future are beginning to get on my wick!

And Bloodmask should also take a quick look at his profile:
"I do not own a PS3. I have no general dislike towards the console itself, just Sony's constant overhyping of it's products"

constant overhyping? What about Halo 3?

Feihc Retsam3516d ago

But that didn't stop people from loving the games that it had. Even if the PS3 never catches the Xbox 360 or the Wii, it can still have a great run this generation with great games

JCDenton3516d ago

You say you're mature, an you keep calling Xbox fans "Xbots"?!? And then go and insult someone with "you are a retarded xbot"!?!

Interesting... :rolleyes:

Anego Montoya FTMFW3516d ago (Edited 3516d ago )

IF people WANTED 360, they WOULD have it by now.

w/ all the things it SUPPOSABLY has going for it.

@Feihc Retsam

very true.

(no sarcasm)

I wouldn`t be happy only playing 5-10 good/great games for my system over it`s life time.

cause thats about how many XBOXone had.

Halo/Halo2.
KOTOR/KOTOR2.

and that one platforming game.....i forget the name.

toughNAME3516d ago

lol I said grow up...so he calls me an 'xbot'

nice

fury3516d ago (Edited 3516d ago )

...between an XBox fan and an XBot?
I consider myself as an XBox fan. I like the games and I like the console but I don't think that the PS3 is failing at all. infact it is on par with the 360, if you compare both in their first year.

@ Feihc Retsam

I wholeheartedly agree.

InMyOpinion3516d ago

let me put it this way.
IF people WANTED the PS3, they WOULD have it by now.

w/ all the things it SUPPOSEDLY(not supposably) has going for it.

Anego Montoya FTMFW3516d ago

i disagree.

i think ps3 is STILL to expensive for casual users.

the Core 360 isn`t.

360 basically has twice as many sales as PS3 in 2 years.

Ps3 will sell more it`s 2nd Year than it did it`s first.

don`t u agree?

JCDenton3516d ago

Well, alright. I can't stand EXTREME fanboys (of any system) either.

As for PS3 failing/not failing...well, you're entitled to your opinion, just like everybody else. I hate when someone pass his/her opinion as a fact (unless it IS a proven fact).

IMO, PlayStation 3 will be third this generation, because history shows that the most expansive system, which is difficult to develop for, with least good games, is always:

1) Last in that generation;
2) A total flop.

Just look at SEGA Saturn - it was a PS3 of the fifth generation: It was the most powerful console on the market (until Nintendo 64), it had a brand name, but was higher priced than PS1 and it was very miserable to program. PS3 is in the same position right now... We'll see what future holds for it...

InMyOpinion3516d ago

I think GT5 will be THE system seller for PS3 in 2008. FFXIII also, but mostly in Japan. I'm not sure it's enough though. It all depends on how Nintendo and MS play their cards. Who knows what surprises they might have up their sleeves?

I think the Wii will increase it's lead, and the 360 and PS3 will be closer together in sales.

+ Show (9) more repliesLast reply 3516d ago
CRIMS0N_W0LF3516d ago

Specifically 21st December 2012 there will be no such thing as PS3 or X360 or Wii

CRIMS0N_W0LF3516d ago

Mayian ALWAYS where right. + The same year/month/date appears in other ancient civilazations like sumirians. Also there are predictions that accidently happen in same date from NASA about the sun and a comet.

Anything but Cute3516d ago (Edited 3516d ago )

your gonna let some analyst who looks at the PS3 in a negative way ruin your day?

It's like someone calling out who's gonna make it to the World Series at the start of season. It never turns out the way they think.

cloud360-7th_account3516d ago

tell this analayst his misimformed. he doesnt decide anything

If sony want the PS3 to last for 50 years they can. Its up to them

Naruto3516d ago

PS3 will WIN and analyst are ALWAYS WRONG