Don't call it a comeback yet, though, because the PlayStation 3 has miles to go before it can the relax even a little, something that in my opinion only happens when the system finally manages to outsell its still-ticking elder sibling, the indefatigable PlayStation 2.
Sony shares are up this morning on news that sales of the PlayStation 3 more than tripled, increasing by 245% during the big-money holiday week (November 18 to 24) following a significant price drop from $600 to $500 on its 60GB model and the introduction of a cheaper $400 40GB model packaged with the Blu-ray version of Spider-Man 3. By contrast, Nintendo shares slipped 800 yen or 1.28 percent, despite Nintendo's Wii leading Sony and Microsoft in overall console unit sales.
According to our own IDG news service, sales of the PS3 have increased by 192 percent at the top-10 major retailers in North America and "more than doubled" overall. Note that the 245% figure is explicitly for Black Friday, year-over-year.
IDG rightly points out the sales increase will in fact likely lead to more losses in Sony's beleaguered gaming division, because the company is still losing money on each PS3 due to component costs. Nintendo, by contrast, has been making money on everything it's been selling since day one.
It is about time Sony has had some good news. I thought the PS3 was going to be the equivalent of the gamecube(I am not insulting the gamecube). The PS3 stills has a long way to go before it can compete with the 360 or the Wii.
If they would drop the price another $100.00 i would buy one for my kids for xmas. They could afford the $100.00 price drop by dropping the 5 free blue ray DVD's. The only movies that I want that are on the list I already have and do not want to pay again for blue ray. drop the price! keep the movies!