Sony invites press to mystery New York event

Feb 01, 2013

Sony sent out invitations Thursday to a mystery event in New York City on February 20, sparking rumors that the world would get its first look at a new-generation PlayStation videogame console.

Both Sony and Microsoft are expected this year to show off successors to their competing consoles, which have been evolving into home entertainment hubs for films, television, music, and more.

The was released in November 2006 and industry trackers believe a successor is on the near horizon.

In January, the number of PS3 units shipped by Sony hit an estimated 77 million units, according to market research firm International Data Corporation.

IDC gaming research manager Lewis Ward predicted at the time of the report that consoles will retain their strongholds in homes while expanding to include other digital entertainment.

"The console ecosystem is in a state of flux since these platforms need to support an ever-growing array of non-gaming features and services at the same time that game distribution and is moving in a digital direction," Ward said.

"It doesn't appear that alternative platforms—set-top boxes from cable companies, Web-connected and so on—are positioned to materially disrupt the trajectory of the 'big 3' console OEMs in 2013 or 2014."

Videogame industry sales should be bolstered by the arrival of next-generation videogame consoles from Sony and Microsoft, according to Ward.

"With the advent of eighth-generation consoles, starting with the U, historical norms strongly imply that game disk revenue will stop bleeding in 2013 and rise substantively in 2014," he said in the report.

Explore further: Microsoft CEO sees 'bold' plan as 4Q tops Street

add to favorites email to friend print save as pdf

Related Stories

PS3 takes console crown from Xbox 360: IDC

Jan 09, 2013

Sony's PlayStation 3 bumped Microsoft Xbox 360 from the videogame console sales throne in December, according to a report released Wednesday by industry tracker International Data Corporation.

Sony cuts PlayStation 2 price to $100

Mar 31, 2009

Sony is cutting the price of its older generation PlayStation 2 (PS2) videogame consoles to 100 dollars (US) in a move prompted by tough economic times and a desire to lure fans to the platform.

PlayStation 3 memory beefed up in North America

Aug 17, 2010

Sony Computer Entertainment America announced Tuesday it is beefing up the storage capacity of PlayStation 3 (PS3) videogame consoles that will be available in North America.

Microsoft to launch Kinect in Japan in November

Sep 08, 2010

Microsoft's long-awaited Kinect motion-sensing system for the Xbox 360 videogame console will hit the Japanese market in November, the company said Wednesday, as competition in the sector heats up.

Recommended for you

Cheaper wireless plans cut into AT&T 2Q profit

3 hours ago

(AP)—AT&T posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US.

Android grabs more tablet market share

5 hours ago

Global sales of tablet computers edged higher in the second quarter, in the slowest growth since 2009, research firm Strategy Analytics said Wednesday.

Microsoft CEO sees 'bold' plan as 4Q tops Street

17 hours ago

(AP)—Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units—Nokia ...

Apple's fiscal 3Q earnings top analyst forecasts

Jul 22, 2014

Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.

User comments : 0