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Aprisaiden said:
SONY wants PS3 to have a 10 year lifespan and they want PSP to have a 10 year lifespan -- both will get close.

PS1 lasted 1995 - 2005.
PS2 is in its 8th year (2000 - Present).
PSP is in its 3/4th year (2004/2005 - Present).
PS3 is in its 2nd year - 2006 - Present.

Now PS2 will easily last untill 2010 -- making it last a decade.
PSP is going to be harder for SONY but it should keep selling untill 2010/11** when PSP2 launches and die 12-24 months after PSP giving it a 7-9 year lifespan.

Finally PS3 -- Since PSP2 should launch BEFORE PS4, and Microsoft will continue to support 360 while its profitable for them, possibly waiting for PSP2 / DS2 launches to launch next-box when their competitors can't afford to launch a new system. Id guess PS4 will come out in 2012/13 - with PS3 dieing over the next 12 months, giving PS3 a lifespan of 8 years. Not bad for the system.

** Assuming PSP2 isn't shown off until E3/GC/TGS 09 or possibly even 2010...

It doesn't really matter what Sony wants.  The market will decide how long a console or handheld device will be relevant.

A big challenge to keeping the PS3 viable as a gaming platform for 10 years like the PS2 is the fact that it doesn't command anywhere near the market share the PS2 did.  People are still buying PS2s because:

a. They have a large library of PS2 games

b. New games are still being released for PS2

c. The current crop of PS3s can not play PS2 games

Does this spell doom and gloom for Sony.  I don't think so... the PS3 is selling well and is building a strong library of games.  It does, however, mean that the PS3 is less likely to have the kind of longevity that the PS2 has enjoyed as the king-of-the-hill.