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mike_intellivision said:
It seems to me that the problem is that Sony and Microsoft just don't have a lot of good first-party titles.

Maybe that is why they have such a smaller percentage of first-party titles. How many Sony and especially Microsoft franchises can people name -- compared to the Nintendo franchises.

Mike from Morgantown

 

Sony actually publishes more games for its home consoles year for year than Nintendo.

List of Sony published titles, year for year

List of Nintendo published titles, year for year

Sony certainly has its share of franchises (God of War, Gran Turismo, Jak & Daxter, Socom, just to name a few), but they tend to move onto new IPs more often than Nintendo, so their older franchises don't gain the notoriety of say Mario or Link.  For instance, Naughty Dog was known for it's Jak & Daxter games last gen, while this gen they've moved on to the Uncharted series.  Same can be said for Sucker Punch (of Sly Cooper fame) moving on to InFamous, and Insomniac starting the Resistance franchise.

Sony has such low first party numbers compared to third parties on the ps3 because of two reasons:

  1. Many of their releases thus far have been new IPs, so they don't have the instant succes that older franchises might.  Team ICO is a perfect example of this.  They are in the upper echelon of game developers, yet their games will probably never gain any sort of significant notoriety.  Despite being related in mythos, it'd be hard to consider Ico and Shadow of the Colossus a franchise of any sort, let alone one recognizable by more than the most hardcore of gamers.
  2. They've been slow to abandon the ps2.  Hell, God of War II released on the ps2 a whole five months after the ps3 launched.  Comparatively, Nintendo abandoned the GameCube outright, even making a former GameCube-only game a Wii launch title (Twilight Princess, the best game of the 6th generation, imo), resulting in 75% of the game's sales coming from the Wii platform.