Sony and Microsoft embark on race to launch next generation consoles

It was considered a major mistake by Sony to launch PlayStation 3 after their competitors. Jim Ryan, CEO of PlayStation Europe thinks that they made the wrong move and will not repeat their antics agiain.

"I would consider it to be an error being significantly behind the competition with PlayStation 4 in relation to the market."

However, this does not mean that Sony are considering retiring PlayStation 3 at the moment. In this regard, Ryan said: "there is still much to do with PlayStation 3. If you look at PlayStation 2, which has now sold 150 million units, the bulk of those sales
have been below the threshold of 120 pounds in cost.

“With PlayStation 3 we have only reached the fringe of 199 pounds. What we clearly see is that there is still a large portion of the market to cover."

At the moment, no official data has been released about the successor to PlayStation 3. However, this has not stopped the rumour mill.

A few days ago it reports about the successor to Xbox 360 were released and Sony are following suit.

The French portal Xboxygen stated that the first official details of the new system will be unveiled at the upcoming CES 2012, which is being held from 10 to 13 January, 2012.

According Xboxygen, the information comes from a source close to Microsoft. In addition to this, the source also revealed data about the console and its capabilities. Nevertheless the information is irrelevant for upcoming games.

It has been said that the latest release will come in the final month of the year, coinciding with the 2013 Christmas season. However, a release date in early 2014 has not been ruled out.

However, analysts are coy over the release of the Microsoft console before January 2014. It has been slated that the company is still behind in the production stage and they will take time before marketing it to masses. 

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Posted by Awais Khan on Nov 26 2011. Filed under Entertainment, Europe, Latest News, Sci-Tech, USA, World. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry