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kowenicki said:
Aeolus451 said:

"in every single regard"

It turned a profit and managed to sell 80 million consoles. Didn't lose any of it's brand appeal. Doesn't sound like a bad business decision in every regard. Yes, the price of the PS3 at launch was moronic of sony.

 

It decimated the mindshare and marketshare in many places for years and lost them billions.  How in the world is that not a disaster?

The fact it eventually perhaps turned a profit, is irrelevant.  How many billions in extra profit would they have made if they hadnt completely misjudged the market and their fanbase by launching an affordable and more accessable console. 

There is nothing positive about the PS3 from a BUSINESS perspective. 

Its so typical of here that in this thread I and others mention nintendo and microsoft products and nobody says a word, mention the PS3 and people get very defensive.  Sony fucked up with the PS3 and ther Vita accept it.

 

You forget that the ps3 made a quick end to the Blu-ray / HD DVD format war.

Blu-ray didn't take over DVD sales% wise yet still made tons of profit at higher margins.

Perhaps thanks to blu-ray it took a lot longer for bootleg ps3 games to appear.

Sony butchered their console gaming division to slow down the decline of their tv entertainment division, yet they recovered. Ofcourse it's hard to tell how bad a prolonged format war would have been for Sony. Perhaps it even helped a bit with the competitive prices to sell discs. Now with 4K I'm looking at $15 for The Revenant blu-ray, $35 for the 4K UHD version, screw that. It's different anyway, 4K UHD is a premium format, I doubt the industry expects it to ever sell like blu-ray did, more like 3D blu-ray. The new Laserdisc.