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SvennoJ on 15 October 2024
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curl-6 said:
Qwark said:

PS3 it pretty much evaporated all profits PS1 and PS2 made for PlayStation. Xbox One sold 58 million and was still profitable or at least did not nearly lose as much money as the PS3.

Yeah, while Sony did eventually recover from the PS3, I'd say that had less to do with the size of the stumble itself, which was enormous, and more to do with taking the right steps to course correct in the years that followed.

In the first 3 years of the PS3, it lost Sony an insane $5 BILLION, losses it never managed to recoup. It also lost them nearly 50% of their market share, and their position as market leader.

By contrast, N64 lost around 35% of SNES's market share, and Xbone about 32% of 360's share, and neither bled billions the way PS3 did.

Sony sacrificed their user base to make a quick end to the Blu-ray HD-DVD war. That was a resounding success. But no clue if that offset the PS3 losses.

XBox One MS tried to push all digital too early. That's happening now anyway, so I guess MS recovered from pushing it too early. But they did spend far more billions to make that recovery. And it's still remains to be seen where streaming and gamepass are going to end up.

PS2's market share was inflated by the Dreamcast pulling out early, the GameCube's reputation as a children's toy and the XBox coming in late. Even if the PS3 had been affordable from the start and launched at the same time as 360, it wouldn't have stayed that high. XBox already had momentum going into the 360 and the Wii would have been just as successful.