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SvennoJ on 13 October 2012
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VGKing said:

Whoever wrote that article seems to overlook the fact that the sales of 3rd party games is MUCH larger than that of 1st party games on the PS3.
So any increase in 1st party sales on Xbox 720/Wii U would be offset by the loss of all the profits they are gaining from the 3rd party games. PS3 should be profitable by now, so those are profits they won't have. PSP is profitable and PS2 is still selling. 

Playstation is an iconic brand. Without Playstation, millions and millions of people would never have played any games. Sony brings affordable gaming to low-income families in 3rd world countries with the PS2. Would Microsoft ever do that? Nintendo? No. Sony cares about the gamer.

BTW, PS4 could easily be sold at a profit from Day 1. Sony could just make a console equal in power to a Wii U, and it would sell purely based on better 3rd party support, PSN and brand recognition.

1st paragraph Spot on.
3rd paragraph Maybe they could, they never would. It would lose them the hardcore crowd for sure.
2nd paragraph What are you smoking? Have you seen the prices of ps2s in what you call 3rd world countries? Out of care? lol.