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legend92(3) said:

I personally believe that if sales of the PS3 and PSP dont start to increase soon that this could be Sony's last generation. This Gen has cost them billions of dollars and there just starting to make little money from the sales of software but i don't think enough to justify them making another console. It's whatever is in the best interest of Sony so if there not profitable I don't see them trying again.

So, "Nintendo had bad sales for two generations and now look where they are" But they never lost money they were still profitable the whole time.

What do you think will they or wont they give up?

I read somewhere back when Sony was announcing their fiscal year earnings and loss reports, that they wanted to place less emphasis on hardware and more on software in the comming years. That could mean they have no intentions of releasing another console for quite sometime, but that doesn't mean they will drop out of the gamming market. Games are profitable and as stated there is a recession which also crippled sales during the SNES/Genesis era for Nintendo. The NES sold 61 million in the generation before, but the SNES sold 49 million in the subsequent era due partially to the recession of the early 90's.

As I have stated before, there are some striking similarities between this area and the early 90's. There's a recession, stiff competition, and the PS3 has a heavier price point. The good news is, that it is selling fine week over week, so I don't think they are in any real danger of going away. 50 million units for the PSP and 22 million for the PS3 (puts them 8-9 million behind M$) are fairly good numbers for where they are at in this life cycle. The doomsayers call this lack lust and it certainly isn't what the PS2 was doing at this time, but there also not bad numbers and the system is steadily growing. Remember the tale of the Tortise and the Hare...slow and steady will determine this generation and the PS3 is following that philosophy.

I don't think new consoles will be comming from any company for awhile yet and there is no indication that it is necessary to ensure growth for either of the big 3. The current gen still has lots to offer and with a rough economy expect the life cycle of the systems to increase.



-- Nothing is nicer than seeing your PS3 on an HDTV through an HDMI cable for the first time.