Is the PS3 selling badly? Why do you think it is/isn't?

[johnsobas]

MikeB said:

@ johnsobas

Yea the PS2 was a real battle huh? They sold 900,000 units in 24 hours in Japan alone!! It took PS3 HALF A YEAR to do what PS2 did in 1 DAY!!

Price is a major fator in Japan. The PS3 is currently about performing on par with the original PSX in Japan at twice the price. The PS3 has totally outperfomed the XBox 360 for the highend market in Japan.

This shows there's a lot of potential for the PS3 in Japan with exclusive highly anticipated games like Final Fantasy, Metal Gear Solid, White Knight Story and Gran Turismo coming up within a year timespan. Bestselling titles like Resistance and Motorstorm are more geared towards North American and European customers. I also expect the PS3 to become increasingly popular in Japan with future price drops. With the PS3 having already marginaliyzed the XBox 360 in Japan despite the rival's one year headstart, the more anticpated highend multi-platform games will likely have more a positive effect on PS3 sales than on XBox 360 sales.

However the world is larger than Japan alone, according to Sony's figures the PS3 is outperforming the PS2 in
PAL regions which is quite extraordinary at twice the entry price. 

First of all the PS2 was 40,000 yen at launch, the PS3 is 50,000 right now, if you include inflation the difference is pretty minimal.  Don't expect a price cut soon because that is equivilant to $425.  Japan is over, PS3 can scramble to pick up a few more million over its lifetime but that's it.  Take a look at the release list for the rest of the year in Japan, it is crap compared to the Wii's, and even the 360 lineup looks good in comparison.