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The PlayStation 2 Still Has Legs

Posted by Emru Townsend | Tuesday, January 02, 2007 7:41 AM PT

sony-ps2.jpgNote to all those who want to move on to the flashiest pretty young things: It turns out that maturity and experience still count for a lot. BusinessWeek reports that despite Sony's assorted PS3 woes, the PS2 is still selling briskly, noting that cheaper components and a sizable installed user base means the company is pulling in $8 for every now-inexpensive $130 unit it sells -- and considering they sold over 100 million units since March 2005, that's no chump change. Factor in the expected 11 million sales in the fiscal year ending this March plus the $1.4 yes-that's-with-a-B billion this year from game makers' license fees for the PS2 and the PSOne, and it looks like the beleaguered company will be able to ride out its PS3 and PSP bumps -- for a while, at any rate.

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