Sony president Jack Tretton played down PlayStation3's slow sales and confirmed that Sony plans a lifecycle of 10 years for its PS3.
Since its November 2006 launch, PlayStation 3 has sold 1.2 million units in USA, while Nintendo's Wii managed to sell 2.1 million units during the same period. Microsoft's Xbox 360 which was released a year and a half earlier has managed to secure 5.3 million units sold. But Sony's president is playing down the aforementioned numbers by suggesting that PS3 has a life expectancy of 10 years as opposed to the usual console's lifecycle of 5 years.
According to Sony's plans/claims, PlayStation 3 sales will boom in 2008. "We didn't get into PS3 for the first six months of 2007 - we're into this for the next 10 years and beyond", so "A million units one way or another at this point isn't going to worry us", said Tretton.
This confidence may seem unfounded, especially in the light of the recent trend by heavyweight publishers and developers such as EA and RockStar to shift towards Wii. All the while, the more expensive PlayStation 3 continues to suffer from the lack of titles.