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Sony playing a losing game with PS3
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The latest U.S. monthly sales numbers for video-game consoles came out last week, and you almost have to feel sorry for the PS3.
The PS3 is doing so poorly, and it's costing Sony so much money, one might ask how much longer Sony can afford to keep this albatross around its neck. According to the tally from the NPD Group, Nintendo took the top hardware spot in May, with about 423,000 Nintendo DS handhelds sold. Nintendo's Wii console was in second place, with sales of 338,000. Third was the handheld Sony PSP (a quiet success story) with sales of 221,000, while the venerable PS2 was in fourth place with 187,000 consoles sold.
Huffing and panting across the finish line in fifth was the Xbox 360 with 155,000 consoles sold, while the PS3 was sixth at 81,000. The PS3 is occupying the sales slot that, in the last two console generations, was reserved for Nintendo's GameCube and N64 systems. The difference, though, is that Nintendo always eked out a small profit on those consoles, even when they were easily outsold by the PS2 and original PlayStation. Sony will lose almost $500 million on its game division this year, according to analysts polled last week by the Financial Times.
Not only is the console not selling well, but people who do buy it aren't buying games, which is where the real money is. According to GameDaily.biz, of the top 10 best-selling games in May, four were for the Nintendo Wii or DS, four were on the Xbox 360, and two were on the PS2.
Not a single PS3 game made the top 10.
Microsoft can ride out the wave of Nintendo mania a little longer, because Xbox 360 fans are dedicated, and they're being rewarded with excellent games. Halo 3 alone could easily entice several million people to buy a 360 later this year. But Sony's console isn't seen as the system for the hard-core gamer, as is the 360. It's seen as the system for rich people who already own a 360 and are looking for something frivolous to spend their cash on.
________________________
The latest U.S. monthly sales numbers for video-game consoles came out last week, and you almost have to feel sorry for the PS3.
The PS3 is doing so poorly, and it's costing Sony so much money, one might ask how much longer Sony can afford to keep this albatross around its neck. According to the tally from the NPD Group, Nintendo took the top hardware spot in May, with about 423,000 Nintendo DS handhelds sold. Nintendo's Wii console was in second place, with sales of 338,000. Third was the handheld Sony PSP (a quiet success story) with sales of 221,000, while the venerable PS2 was in fourth place with 187,000 consoles sold.
Huffing and panting across the finish line in fifth was the Xbox 360 with 155,000 consoles sold, while the PS3 was sixth at 81,000. The PS3 is occupying the sales slot that, in the last two console generations, was reserved for Nintendo's GameCube and N64 systems. The difference, though, is that Nintendo always eked out a small profit on those consoles, even when they were easily outsold by the PS2 and original PlayStation. Sony will lose almost $500 million on its game division this year, according to analysts polled last week by the Financial Times.
Not only is the console not selling well, but people who do buy it aren't buying games, which is where the real money is. According to GameDaily.biz, of the top 10 best-selling games in May, four were for the Nintendo Wii or DS, four were on the Xbox 360, and two were on the PS2.
Not a single PS3 game made the top 10.
Microsoft can ride out the wave of Nintendo mania a little longer, because Xbox 360 fans are dedicated, and they're being rewarded with excellent games. Halo 3 alone could easily entice several million people to buy a 360 later this year. But Sony's console isn't seen as the system for the hard-core gamer, as is the 360. It's seen as the system for rich people who already own a 360 and are looking for something frivolous to spend their cash on.