Zenien
Guest
- Joined
- Jul 19, 2002
- Messages
- 25,975
- Reaction score
- 0
- Points
- 31
LEIPZIG, Germany While Sony (SNE) battles with Microsoft (MSFT) over which of their next-generation video game consoles will dominate, its seven-year-old PlayStation 2 still has a lot of life in it.
The Japanese company has sold over 100 million of the consoles globally since the 2000 launch.
Now PlayStation 2 has come down so much in price that it is cheap enough for people in Western Europe or North America to buy on a whim and affordable for consumers in emerging markets such as Eastern Europe, Sony said.
Sales are still going strong, with the PlayStation 2 outselling Sony's new flagship PlayStation 3 by a ratio of almost four to one in the second quarter of this year.
"We are committing funds for PS2 ... we encourage third parties to continue development for PS2. If they bring a PS3 version out, they can bring a PS2 version out as well," David Reeves, head of Sony's European games unit, told Reuters on the sidelines of the Leipzig Games Convention on Thursday.
"There is a lot of money still. What happened last time with PS1 is that they left a lot of money on the table by making the transition too quickly," he said.
Reeves said he expected games development for the PlayStation 2 to continue for three to four years. Other industry executives gave more cautious estimates of two to three years.
http://www.foxnews.com/story/0,2933,294509,00.html
The Japanese company has sold over 100 million of the consoles globally since the 2000 launch.
Now PlayStation 2 has come down so much in price that it is cheap enough for people in Western Europe or North America to buy on a whim and affordable for consumers in emerging markets such as Eastern Europe, Sony said.
Sales are still going strong, with the PlayStation 2 outselling Sony's new flagship PlayStation 3 by a ratio of almost four to one in the second quarter of this year.
"We are committing funds for PS2 ... we encourage third parties to continue development for PS2. If they bring a PS3 version out, they can bring a PS2 version out as well," David Reeves, head of Sony's European games unit, told Reuters on the sidelines of the Leipzig Games Convention on Thursday.
"There is a lot of money still. What happened last time with PS1 is that they left a lot of money on the table by making the transition too quickly," he said.
Reeves said he expected games development for the PlayStation 2 to continue for three to four years. Other industry executives gave more cautious estimates of two to three years.
http://www.foxnews.com/story/0,2933,294509,00.html