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Forums - Gaming Discussion - "it was only when Wii emerged that video gaming truly took off"

The mainstream media's coverage of videogames is usually poor but this guy's just special. He seems more keen on inserting needless hyphens that doing any research.

http://www.financialpost.com/story.html?id=322507

Can PS3 retake gaming crown?

Blu-ray platform gives Sony boost

David George-Cosh, Financial Post  Published: Thursday, February 21, 2008

No industry is as aggressive about maintaining momentum as the entertainment world, a lesson Sony Corp. clearly understands after its PlayStation 3 video-game console got the boost it needed after Toshiba Corp. abandoned its HD-DVD business on Tuesday.

It came at a crucial time. As NintendoInc.' s Wii continues to be snapped off retail shelves more than a year after it was launched, video-game pundits began to declare "game over" for the Sony system.

It was deemed too expensive and not as innovative as other Sony products, critics claimed, as the lack of Play-Station 3 sales contributed to Sony's games division posting a loss of US$1.97-billion in the last fiscal year.

Now with Blu-ray, the next-generation high-definition video player, on a roll as major companies back it, can Play-Station 3 reclaim its crown as the world's most popular video-game console?

Absolutely, said Paul O'Donnell, London-based Gartner principal analyst.

"The real winner in this race is the PlayStation 3," Mr. O'Donnell said. "The Blu-ray was such a critical part of their business model, they couldn't let it go. And now they've won."

While reports suggest Bluray was poised to capture the lion's share of the US$24-billion home-entertainment market, the figure dwarfs the US$37.5-billion worldwide video-game industry, a larger pie that Sony is now primed to take more of.

Although video games have been a relatively insular activity, it was only when Wii emerged that video gaming truly took off. To date, more than 21 million households have purchased Nintendo's console, lauded for its innovative wireless remote-control interface.

Both Sony and Microsoft Corp. marketed their consoles as more of a media centre than a video game. However, only Microsoft's Xbox 360 has proved to be a hit with consumers, with 17-million units sold, aided in part by the popularity of Halo 3, the best-selling video game of 2007 in the United States.

Today, Sony's strategy to marry the Blu-ray with its next-generation video console looks to be a winner, said Mark Perrella, IDC Canada vice-president of technology.

"They're giving more of that high-definition premium experience and now it's more attractive to a greater amount of consumers," he said.

Taking several cues from other failed format wars-- BetaMax, MiniDisc, the Memory Stick--Sony learned that to be successful with a new media player, it had to be able to control the content available.

When Blu-ray was introduced in 2002, Sony made sure it partnered with as many film studios and retailers as possible to strongarm consumers into adopting its technology.

After several years with no leader in the high-definition video world emerging, the real tipping point, Mr. Perrella says, was when Warner Bros. Entertainment decided last month it will release films only on the Bluray format.

"The key thing is having compelling content widely available consumed in that format," Mr. Perrella said.

The cheapest Blu-ray player on the market has a price tag between $399 and $499, and Mr. O'Donnell expects Sony to cut prices further within the next few months to maintain momentum.

"[Sony] will do everything it can to come back from the brink," he said. "You'll see pricing, bundled with Bluray discs and TVs. It's seen as more as a media centre for your living room that can play games as well."



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ferret1603 said:

The mainstream media's coverage of videogames is usually poor but this guy's just special. He seems more keen on inserting needless hyphens that doing any research.

http://www.financialpost.com/story.html?id=322507

Can PS3 retake gaming crown?

Blu-ray platform gives Sony boost

David George-Cosh, Financial Post  Published: Thursday, February 21, 2008

No industry is as aggressive about maintaining momentum as the entertainment world, a lesson Sony Corp. clearly understands after its PlayStation 3 video-game console got the boost it needed after Toshiba Corp. abandoned its HD-DVD business on Tuesday.

It came at a crucial time. As NintendoInc.' s Wii continues to be snapped off retail shelves more than a year after it was launched, video-game pundits began to declare "game over" for the Sony system.

It was deemed too expensive and not as innovative as other Sony products, critics claimed, as the lack of Play-Station 3 sales contributed to Sony's games division posting a loss of US$1.97-billion in the last fiscal year.

Now with Blu-ray, the next-generation high-definition video player, on a roll as major companies back it, can Play-Station 3 reclaim its crown as the world's most popular video-game console?

Absolutely, said Paul O'Donnell, London-based Gartner principal analyst.

"The real winner in this race is the PlayStation 3," Mr. O'Donnell said. "The Blu-ray was such a critical part of their business model, they couldn't let it go. And now they've won."

While reports suggest Bluray was poised to capture the lion's share of the US$24-billion home-entertainment market, the figure dwarfs the US$37.5-billion worldwide video-game industry, a larger pie that Sony is now primed to take more of.

Although video games have been a relatively insular activity, it was only when Wii emerged that video gaming truly took off. To date, more than 21 million households have purchased Nintendo's console, lauded for its innovative wireless remote-control interface.

Both Sony and Microsoft Corp. marketed their consoles as more of a media centre than a video game. However, only Microsoft's Xbox 360 has proved to be a hit with consumers, with 17-million units sold, aided in part by the popularity of Halo 3, the best-selling video game of 2007 in the United States.

Today, Sony's strategy to marry the Blu-ray with its next-generation video console looks to be a winner, said Mark Perrella, IDC Canada vice-president of technology.

"They're giving more of that high-definition premium experience and now it's more attractive to a greater amount of consumers," he said.

Taking several cues from other failed format wars-- BetaMax, MiniDisc, the Memory Stick--Sony learned that to be successful with a new media player, it had to be able to control the content available.

When Blu-ray was introduced in 2002, Sony made sure it partnered with as many film studios and retailers as possible to strongarm consumers into adopting its technology.

After several years with no leader in the high-definition video world emerging, the real tipping point, Mr. Perrella says, was when Warner Bros. Entertainment decided last month it will release films only on the Bluray format.

"The key thing is having compelling content widely available consumed in that format," Mr. Perrella said.

The cheapest Blu-ray player on the market has a price tag between $399 and $499, and Mr. O'Donnell expects Sony to cut prices further within the next few months to maintain momentum.

"[Sony] will do everything it can to come back from the brink," he said. "You'll see pricing, bundled with Bluray discs and TVs. It's seen as more as a media centre for your living room that can play games as well."


It's seen as a games console more than anything you f**king knob, I don't know anyone who bought it mainly becuase of it's Blu-Ray capabilities, I'm sure overall 3% must of bought it just for that, hardly *more*.



Ha ha: game-consoles.



Some of that was pretty over the top. I guess it makes a good story. The fish was this big.



"Back off, man. I'm a scientist."

Your theories are the worst kind of popular tripe, your methods are sloppy, and your conclusions are highly questionable! You are a poor scientist. Especially if you think the moon landing was faked.


ioi + 1

Ps3 hasn't won! Those assholes say it like it has! No one has won yet! We'll wait till 2009 to determine that!

(dumbass writers with no research and only opinion that we don't want.)



Damn things have changed since 2009 began. Here are my new visions for the end of the generation.

 

Wii: 135 mil

Ps3: 85 mil

360: 60 mil

True Genius
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To long to read for me, sorry.




Nintendo still doomed?
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daactualfact said:
Ps3 hasn't won! Those assholes say it like it has! No one has won yet! We'll wait till 2009 to determine that!

(dumbass writers with no research and only opinion that we don't want.)

LOL.  How ironic.



@dmeister

wow! you are like so funny! (not)



Damn things have changed since 2009 began. Here are my new visions for the end of the generation.

 

Wii: 135 mil

Ps3: 85 mil

360: 60 mil

True Genius
daactualfact said:
@dmeister

wow! you are like so funny! (not)

 oooooo *ducks behind the bar and watches on*



Well, I think that despite the article's broad statements, the PS3 does have a chance for a comeback now that Blu-Ray is the sole HD-format...more and more people will want to get the system now that they can play movies in HD quality AND play games, so I think the article does have a legitimate claim...


Only one, teensy-weensy problem.....



Who the hell has the money? In case nobody knows, the country is heading to whats called a "recession," or just having the symptoms of one at this moment. The price of oil just reached $100 a barrel....that is unprecedented. People are having problems paying their mortgage and the bills, let alone have enough money to live a life in luxury. Yes, that's right....video games, HD movies and a HDTV is a luxury, not a necessity. So while the technology-obsessed consumers spend their money on the latest gadgets, the majority will save their money until they either get more money or things get cheaper. And while neither seems to be happening in quite a while, I don't quite see any of the systems doing as well as they would in a normal economy, let alone see the sales of the PS3 skyrocket to the top of the charts.


Of course, since when are consumers really that smart....right?



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