Can PS3 survive for long?
Latest U.S. monthly sales show PS3 occupying the sales slot held by GameCube and N64 in the last two console generations. Not only is PS3 not selling well, but those who do buy it aren’t buying games according to GameDaily.biz who reported that no PS3 games made the top 10 list in May.
The underlying problem with PS3 may be that it’s viewed as a system for rich people with lots of cash to burn, a demographic that is too small for Sony. Analysts polled by the Financial Times expect Sony’s gaming division $500 million this year, leaving them with two choices: slash the price & hope software sales offset hardware loses or get out of the home console business altogether.
