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: PS3 takes console crown from Xbox 360: IDC

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

Amazon plans greenhouse-style headquarters

5 hours ago

US online giant Amazon has unveiled plans for a futuristic greenhouse style headquarters "where employees can work and socialize in a more natural, park-like setting."

Best Buy reports 1Q loss on restructuring costs

9 hours ago

(AP)—Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.

Apple's Cook faces Senate questions on taxes (Update)

9 hours ago

The Senate dragged Apple Inc., the world's most valuable company, into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid ...

Yahoo-Tumblr is among top 10 tech deals in 2013

12 hours ago

Yahoo has agreed to pay $1.1 billion to buy blogging forum Tumblr, ranking it in among the top 10 tech deals announced this year, according to research firm Dealogic. Here's a list of the top 10 tech mergers and acquisitions ...

User comments : 0

More news stories

Game system castAR debuts at Maker Faire

(Phys.org) —Two tech talents, formerly employees at video game publisher Valve, have been working on their own vision in the form of game-ready glasses. Their company, Technical Illusions, will seek to ...

Green conversion of heat to electricity

Soon, it will be possible to produce electricity from heat over 30 degrees emitted from a waste incinerator, refinery, or data processor. The start-up Osmoblue has just confirmed the feasibility of this new ...

Encouraging signs for bee biodiversity

Declines in the biodiversity of pollinating insects and wild plants have slowed in recent years, according to a new study. Researchers led by the University of Leeds and the Naturalis Biodiversity Centre in the Netherlands ...

If you can remember it, you can remember it wrong

(Medical Xpress)—Native peoples in regions where cameras are uncommon sometimes react with caution when their picture is taken. The fear that something must have been stolen from them to create the photo ...

B vitamins could delay dementia

(Medical Xpress)—Despite spending billions of dollars on research and development, drug companies have been unable to come up with effective treatments for dementia and Alzheimer's Disease (AD). Now, A. ...

New method for producing clean hydrogen

Duke University engineers have developed a novel method for producing clean hydrogen, which could prove essential to weaning society off of fossil fuels and their environmental implications.