280°

3xG: How The PS3 Tables Have Turned

3xg says: "It was no secret that when Sony launched their PS3 it was over priced and lacked features.

The console was ridiculed by the press and gamers alike for good reason and it cost Sony dearly. Fast forward to 2010 and the landscape has completely changed, the original underdog of this generation fast becoming the top dog."

Quagmire5480d ago

It's a fine day to be owning a PS3.

nix5480d ago (Edited 5480d ago )

yup.. it's paying off huge! great AAA exclusive games to play all thru the year!!!

i laugh at the haters!

EDIT:

"For those that want the punch line (I’m looking at you N4G peeps), the main difference between now and back in 2006 are:

* Wealth of games on offer
* Free and premium services that enrich the experience
* Strong ties with big companies
* Innovation and Collaboration
* Influential marketing and good sales
* Powerful technology only now being effectively utilised"

Conloles5480d ago

The exclusives arent paying off if your going off of sales.

Corepred45480d ago

what kind of idiot goes off sales? does anybody here own stock? i buy the games i want so i can have fun. lmao conloles you nerd, lmao. go play wow.

8800gtx5480d ago (Edited 5480d ago )

@Nix

I might be old and called ancient now a days. 100usd gpus make me look obselete. Equip me with any dual core cpu and i will handily stream roll whatever my predecessor the RSX + CELL can put out.

8800gtx.

rockleex5480d ago

Yea right. The 60GB PS3 has the MOST features any console had ever seen.

It was also underpriced by $200-$300. Sony was losing a lot of money on each PS3 sold.

That's the facts.

Now you can give us your opinion on whether you find enough value in the old PS3 to buy it at $599, but its just that... an opinion.

MorganX5480d ago

That's all nice and all. But don't forget, PS3 had the PlayStation brand behind it. The price drop is the biggest thing IMO.

The games are great too. But nothing trumps price. Just ask Nintendo.

rockleex5479d ago (Edited 5479d ago )

There's a difference between costing a lot, and being overpriced.

sikbeta5479d ago (Edited 5479d ago )

"It was no secret that when Sony launched their PS3 it was over priced and lacked features"

Sorry, but the Best Models are The Fat Models, with more stuff than the Slim Models, the PS3 Fat with BC have 10 years of Gaming Library since Day One...

Now the PS3, no matter What Model, it's the Best Console out there, it gives you more for you money, have loads of Features, Exclusives are Awesome and Sony keep adding more features and making more Awesome Games, you can't hate a Console that Support you the Best way possible...

+ Show (4) more repliesLast reply 5479d ago
Raf1k15480d ago (Edited 5480d ago )

I'd say it was expensive not overpriced

He says it was overpriced and lacked features when it actually had pretty much all the features it has now plus BC which was removed and I don't think it was overpriced. It was certainly expensive though.

The reason I say that is because it had a whole lot of very expensive tech that cost more than it was being sold for. BluRay players at the time were at least another £400 above the cost of the PS3 which could do so much more. It would have been overpriced if it was like an iPhone in that you don't get much for your money. The reason I didn't buy it until a year ago was because it was expensive as a games console.

5479d ago
Spenok5479d ago

Its been a fine day since day one xD

ThanatosDMC5479d ago (Edited 5479d ago )

Lacked features? There were a ton of features no other console on the market could do. Then even more after the months went by with firmware updates. Oh well, it's his opinion.

But yeah, i do agree with the article at his core points. The $600+ i bought my fatty with was well worth it.

+ Show (2) more repliesLast reply 5479d ago
Substance1015480d ago

Its still a loss making project for Sony. Infact for the last two years the gaming division has been pulling the entire company into losses.

WildArmed5480d ago (Edited 5480d ago )

aww..
and u really care about sony's financial situation i bet.

quite frankly, I could careless.

I'm still getting the best out of my Ps3 with it's amazing games, internet browser, etc.

NJShadow5480d ago

Actually, they WERE losing on each console sold until a short time after the PS3 Slim was released along with the price cut. NOW they are making a profit on each console, albeit very little ATM.

Substance1015480d ago (Edited 5480d ago )

check the financials report. Last year alone was at 850+million usd loss. Which led the company o make a overall net loss of 450million usd, thats more money then most people will be making in alife time.

NJShadow5479d ago

No kidding. The price cut and Slim released happened in early September, I don't think a mere 3 months is enough to put Sony in the black. Obviously they still had a year's worth of losses to make up for.

mattygamefreak5480d ago

What's that? Sony is the only company that cares about their customers enough to lose millions of dollars and still provide the best gaming and media solution to date? Yeh, that's what I thought.

4D5479d ago

Sony didn't make the PS3 because they cared about their loyal customers. Especially at the $600.00 USD launch price point. Bottom line is they used the PS3 as a trojan horse for Blu-Ray. So congrats to them for winning the high definition medium war against HD-DVD.

I seriously hope that you were just acting like a fanboy and you dont actually believe that Sony, Microsoft, or Nintendo actually care about any of us. They may care about getting our money but that is where the buck stops. Pun intended...

thief5480d ago

Why should we, as gamers, want gaming companies to make huge profits? Why should we favour Nintendo, selling a last-gen machine for $249, over Sony selling a $299 console that has infinitely greater processing and graphics card power, next-gen disc drive, hard disc, much better online, and supports a larger number of in-house studios which create new IPs?

And this might be an issue if Sony were making such huge losses that they would need to close down PS. In fact, for what they have lost in the past, their cash flows in the next few years look fantastic. There is enough demand for Sony to keep selling at $299, while their costs after moving to slim and 40nm may be close or lower – and that’s before accounting for profits on game sales on 30-40m consoles.

INehalemEXI5480d ago

That happens everytime a new hardware is launched. They make an investment to make money over a decade.

Same thing happened with PS2 in its early years, but over a 10+ year life cycle PS2 eventually brought in mad dough.

Newtype5480d ago

Since PS2 did so well, they could take the loss the PS3 did.

Substance1015480d ago

Check the records, PS2 was profitable in its 2nd year after launch. Infact PS2 was doing so well while the rest of the company was struggling due to intense competition in the other electronic markets.

PS3 in its 4th year is causing the entire company to run in losses.

IMChampion5480d ago

Don't really get why you car how their financials are, from my perspective its all about the games and they have been delivering. I guess you just need to tell yourself that they are still loosing some "war" thats going on in your and many fanboys out there head to feel better about only owning one console.

aaronisbla5480d ago

thats the post of a butthurt person

Newtype5480d ago

All consoles are at a loss, the only company that didn't lose sales for selling their console was Nintendo.

+ Show (5) more repliesLast reply 5479d ago
supremacy5480d ago

matter Sony makes its profits through its games, plus the latest batch of slims that came out sporting smaller chip cells and rsx have the ps3slim going even, so no longer is Sony losing money on ps3s.

This is why they had the shortage earlier this year around the god of war 3 launch, because they wanted this new model out there instead. http://www.techspot.com/new...

Plus with all the exclusives coming out they will make their money back if not more than what they spend making said games.

Another thing to note is, both the new 360 and ps3 slim are at the same price this alone makes the ps3slim (with bluray) more attractive while keeping Sony profitable.

Not to mention that at the same time they still got the ps2 system out there making them profitability as well. Sony only spends about 54 on each ps2 made and they sell them things for double the price of that so...yeah Sony is good my friend.

supremacy5480d ago

"The exclusives arent paying off if your going off of sales."

its funny but all Sony has to sell with each of its games is about 2 million and they generate profit suitable enough anything after this point is consider surplus in their check books. besides ps3 games tend to sell in a longer periodic time frame, with the exception of god of war which by the way was the only game in all platforms to break a mill within a weeks time in the month of march.

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130°

Sony Faces Class Action in the Netherlands Over Allegedly Inflated PlayStation Store Prices

Mass Damage & Consumer Foundation in the Netherlands has filed a class action against Sony for inflating PlayStation Store prices.

dveio10h ago(Edited 10h ago)

My personal opinion:

Manufacturers and publishers have indeed inflated the industry.

From $700 million development costs for games like Call of Duty, to digital (store) prices for games and DLCs, online multiplayer fees on consoles (why can you play Helldivers 2 online for free on PC but not consoles?) or still preventing sell/lend digitally purchased games.

Sometime in the future, this bubble will collapse.

They should know better, but they just can't help themselves and suck even the last penny out of our wallets.

BeHunted8h ago

Because Sony knows people will be forced to pay those prices for single player and multiplayer games, not everyone prefers PC gaming. Sony also has a monopoly on PlayStation digital games. In 2019, they stopped allowing retailers and game key sellers to sell PlayStation digital games, making them available only through the official PlayStation Store

anast10h ago

The Dutch gov. wants a piece of the pie.

Eonjay9h ago

They should be suing the individual publishers increasing the prices to $80 instead of suing the store. There are plenty of publishers still selling game for like $50 with much success (like E33). But this proves that the publishers are the ones setting the prices.... so again nothing changes because they aren't even going after the main offender. How is suing Sony going to make Microsoft not charge $80 for the next COD? Sony being the number one store in the market doesn't mean that publisher have to charge us an arm and a leg. Again the industry is laughing at us because consumers never get real representation. Just these fake platitudes that are meaningless.

BeHunted8h ago

"How is suing Sony going to make Microsoft not charge $80 for the next COD"

Because Microsoft doesn't have a monopoly, I can purchase Call of Duty at a huge discount from CDKeys or other gaming retailers. The only way to purchase digital PlayStation games is through the PlayStation Store.

djl34856h ago

Weird, I swore GoW, Stellar Blade, Horizon Zero Dawn, TLoU, etc. were on the steam store....uh.....

BeHunted3h ago(Edited 3h ago)

@djI3485

I'm talking about PlayStation games that you can only purchase on PlayStation. I can purchase Steam and Epic games from 3rd party retailers and key stores.

"Sony to stop selling full-game download codes at retailers"

https://www.videogamer.com/...

Killer2020UK8h ago

About time. There is zero fair reason why digitally distributed products that you cannot recoup any value when you want to dispose of them, should be priced higher than that of physical copies that entail all of the costs and the benefits of owning.

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170°

Sony Aims To Sell 15 Million PS5 Units This Year, but Is Shifting Focus to Monthly Active Users

Sony CEO Hiroki Totoki and CFO Lin Tao talked about the state of the PlayStation business and the strategy and targets going forward, including how they're responding to the tariffs.

Read Full Story >>
simulationdaily.com
1Victor41d ago

I wonder how the USA tariffs war will affect that projection. 🤔

S2Killinit41d ago (Edited 41d ago )

I think they take that into consideration when they announce their projections. Currently, after the xbox price increase, the PRO is cheaper than the series x! That is ridiculous, and it can’t last.

darthv7241d ago

you keep saying that but the price of a PS5 Pro is S699.99 (US) and the price of a Series X is $599.99 (US)

S2Killinit41d ago (Edited 41d ago )

The series x with 2 TB storage space is more expensive than PS5 PRO which also has 2 TB storage space.

darthv7241d ago (Edited 41d ago )

Oh so you are pitting a regular Pro with a special edition X... got it. If you are going so far as trying to compare apples to apples... please add in the optical drive and stand to the Pro. Seeing as the X has both of those by default.

I will help you if you are unable to do so.
PS5 Pro 2tb: $699.99, Optical Drive: $79.99, Stand: $29.99 = $809.97
Xbox Series X Galaxy Black Special Edition 2TB: $729.99

41d ago
S2Killinit40d ago (Edited 40d ago )

The PS5 PRO has 2TB storage. The series X with 2TB storage and much weaker, is… more expensive! So yeah, Im pointing out that fact.

Also, the PRO does not require a stand.

Ps: regular series 2TB is $749 (where did u get 729?)

darthv7240d ago

Its right here on the official XB site: https://www.xbox.com/en-US/...

Okay, so no stand for the Pro, but you might still want the optical drive. So $779.98 vs $729.99. A properly outfitted Pro is still more $$ than a 2tb X.

S2Killinit40d ago (Edited 40d ago )

Do I need to mention that the series x is not nearly as powerful as the PS5 PRO?

And no, the PS5 PRO runs just fine without a drive, and people don’t have to buy the drive right away, assuming they want it.

+ Show (4) more repliesLast reply 40d ago
drivxr41d ago

I wonder why they are shifting focus to MAU.

RaiderNation41d ago

Because that's where the real money is made, in microtransactions.

Profchaos41d ago (Edited 41d ago )

People are spending less time playing is a typical trigger for this.

The less time spent playing the less likely you are to spend more money on games and services including subs or even the next console.

Increased engagement equals more money.

41d ago
DarXyde41d ago

Same reason Microsoft does it: it looks better to investors and it's a solution when unit sales slow down.

Personally, I'm not a fan of this metric; and by using it, you're kind of signaling that you're moving into the "This is a PlayStation" era.

Z50140d ago

Because the PS4 also has users and not necessarily sales

Obscure_Observer38d ago

"I wonder why they are shifting focus to MAU."

Because they´d finally realized that MS wasn´t wrong after all.

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41d ago
41d ago
310°

Sony Announces Large Profits Growth for PlayStation; Expects Further Wins in Current Fiscal Year

Sony announced its financial results for the fiscal year 2024, and things are certainly looking up, despite a decline in PS5 sales.

Read Full Story >>
simulationdaily.com
CrimsonWing6941d ago

Expect sh*t to slow down if prices aren’t kept in check.

Redgrave41d ago

Who downvotes the truth?

Even PSN itself is too damn high.jpg

S2Killinit41d ago

Gamepass is already at 20$ per month if im not mistaken.

toxic-inferno41d ago

@neutralgamer1992

Not all of us. I'm a big PlayStation fan, and have been since the PSOne. But I can't begin to defend what's happening currently.

At least Nintendo release a large number of games from their major franchises. Sony is just not banking on their established franchises, and yet are raising prices. Not great.

S2Killinit41d ago

Im pretty sure we are going to see a price increase for PRO. I mean think about it, its currently cheaper than xbox series x! That cannot last.

Eonjay41d ago

I'm absolutely sure we will not see a price increase. I don't think we should 'expect' to see price increase because it just adds validity to what Nintendo and Microsoft have done.

darthv7241d ago (Edited 41d ago )

Sorry to pop that bubble but the Pro is not cheaper than a series x... generally speaking (like you are). It is cheaper than one specific version, and doing so by not including the optical drive and stand like the X has by default.

So keep on trying to convince people you are right when everyone knows it's quite the opposite. A stock Pro is $699.99 and a stock X is $599.99. A special edition galactic black 2tb X is $729.99. And if you really want to compare apples to apples... adding the aforementioned optical drive and stand brings that Pro to $809.97 and then they would be on equal footing.

Twisting truths to fit a narrative... I expect better from you S2.

S2Killinit40d ago (Edited 40d ago )

The PS5 PRO has 2TB storage. And the series X with 2TB is more expensive. Which in my opinion is insane conseidering how much more powerful the PRO is. The PS5PRO does not need a stand, it can be used without a stand.

TheKingKratos41d ago

So the Pro is not offering any push in sales at all ?

CrashMania41d ago

It's still an expensive, niche product ultimately. And they exceeded their sales projections for units sold by half a million.

lawox41d ago

"18.5 million units have been shipped during the full fiscal year. This is actually ahead of the 18 million units target set by the company."

They beat their yearly estimate. It's not broken down by device, but it's clearly performing well enough. Since it's been released it's consistently been the second best selling SKU on Amazon only after the the Slim with disc.

41d ago
Bathyj41d ago

18 million a year is in the toilet?
I remember when 10 was considered good
Hell Microsoft would take that right now.
Probably pay $100b for it.

41d ago
BeHunted41d ago

If their profits fall next quarter, we'll probably see more price hikes. I can't imagine having to pay £20 a month for PlayStation Plus.

S2Killinit41d ago

I think gamepass is already paying that much.

41d ago
drivxr41d ago (Edited 41d ago )

Decline in hardware sales.
Behind on lifetime sales and decline in first party sales.
Third party content and PSN came through to save the day.
Things will improve starting with the next Ghost game.

Hopefully a steady flow of first party content by end of '25

rlow141d ago (Edited 41d ago )

I guess you get downvoted for stating facts from Sony’s own lips. What I’m curious about is what their top games of the year were and how much Xbox games contributed to the increase?

CrashMania41d ago

Well, generally 3rd party publisher games contribute the most anyway, so no different to capcom, EA and so on contributing to this figure.

lawox41d ago

That's because the report is actually really good.

They beat the console sales estimate that they set last year March, they have increased users both due to the record numbers of PS4 users and strong PS5 sales which is leading to great profits in sales and user spend.

This report is about the financial health of the PlayStation brand and as a platform PlayStation is stronger than ever. Heck they even have Microsoft putting their biggest franchises on the platform.

41d ago
S2Killinit40d ago (Edited 40d ago )

Well, the facts in the article are positive. Nothing wrong with his comment, but in my opinion it doesn't correctly indicate all the facts and nuances that give context to the reality of things. I downvoted for that only.

Make sense?

+ Show (1) more replyLast reply 40d ago
Lightning7741d ago

This is exactly what happened to Xbox year's ago. They had no first party and started seeing decline in 1st party sales, which effected their third party games which eventually effected their console sales. A slow decline across the board.

Calm down PS fans I'm not saying PS is becoming like old Xbox. I'm showing examples of the importance of first party output. Look how Xbox finally has compelling first party and things are on a up swing(despite years going on a downswing). I know thanks to PS releases which helps a ton, (which is why Xbox hardware only dropped 6% instead of 30+% like it usually does) The point still stands despite what Genz Trends may go, first party and compelling games sell hardware and software still. Sony's financial quarter is an example of this, of what lower First party output looks like.

No matter they'll be right back on track in due time any time especially with DS2 (not my type of game but I know many like it) and Yotei. They're not Xbox and let things get bad for so many years on end.

crazyCoconuts41d ago

"I'm showing examples of the importance of first party output. "
First party is mostly relevant for the sole purpose of creating EXCLUSIVES that are needed to stay competitive. With Xbox consoles collapsing and no more Xbox exclusives, first party is way less important. PlayStation as a platform now has free reign to profit without the high expense of needing exclusive first party titles.

red2tango41d ago

Sony has been very lazy with 1st party games compared to the PS4 era. And even the PS4 era was nothing compared to the PS3 era in terms of games.

S2Killinit40d ago (Edited 40d ago )

We have Ghost and Intergalactic coming. And then Marathon which is not exclusive to PlayStation. I think Covid and that chip shortage put a speedbump in game development because game manufacturers dont want even more risk that their game will arrive to too little hardware, but the games are starting to show up.

Lightning7741d ago

"With Xbox consoles collapsing and no more Xbox exclusives, first party is way less important."

Absolutely not. If that was the case then Nintendo would put Mario on Sega Genesis and Sonic on Super Nintendo. I know things are way different 30+ years later but not much has really changed in terms of exclusives and their impact on hardware. Especially early in the console life cycle.

Sony made all the money this quarter handover fist. Profits isn't a issue for them right now. I was just saying lower hardware sales and lower first party sales will hurt them or any console manufacturer of they don't have the compelling games in the long run. Just like it hurt Xbox. IF Sony keeps up not having lower first part output. Which we know they're not.

crazyCoconuts41d ago

Well no big exclusives in the last two years yet PS is doing great. What are people gonna do? Buy an Xbox?

S2Killinit40d ago

I agree with you. But they have had plenty of exclusives so far. Has it been ideal? Nope. I have a feeling we are seeing a resurgence with the effects of covid and that chip shortage now behind us.

Lightning7741d ago

No it's just like 360 where they had no games yet ppl still bought it because they sold ppl on the games early on that gen the fans were locked in and invested. They were riding the good will and was dubbed the shooter, racer box. The games dried up and they never recovered from it which hurt them in the long run. Same here with PS they still make the big bucks because they had games early on and the fans locked in and will continue to lock in for a little while longer despite lacking in first party.

S2Killinit40d ago (Edited 40d ago )

I agree. But the problem with xbox was that for some crazy reason MS thought game development wasnt all that important to a platform holder. They literally did not fund games with their own studios. When they lost marketshare they couldnt justify paying for exclusives with large install bases making it too expensive. That is not the scenario with PlayStation.

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