PS3 Closing Ground On Other Consoles, Takes 31% Of Market In Q1

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Sony’s PlayStation 3 console increased its global market share of current generation consoles to 31% in Q1 2010, according to analysis published by the Strategy Analytics Connected Home Devices service. The report, “Games Consoles: Sony’s PS3 Increases Global Share In Q1 2010,” predicts that full year global sales of the PS3 will reach 14 million, compared to 17.5 million for Nintendo’s Wii and 10.5 million for Microsoft’s Xbox 360. I said it when all the next gen consoles finally came out and I will say it again, the PS3 will prevail in the end because it is the superior piece of hardware and has an update framework that will make it a viable part of anyone’s entertainment hub for years to come.

PS3 continues to close ground on the other next gen console

“The PS3 continues to benefit from the price cut last September,” notes David Mercer, Principal Analyst at Strategy Analytics. “This should help the PS3 maintain growth momentum throughout 2010. The introduction of the Natal technology should also help re-energize Microsoft’s Xbox 360 platform in the second half of the year.”

The first calendar quarter is traditionally one of the weakest periods in console sales, according to this report. But it can provide a useful indicator to the relative performance of competing platforms.

Major uncertainties for sales in the remainder of 2010 include the extent and pace of the Wii’s decline, and the impact of system enhancements for both the PS3 and the Xbox 360. Strategy Analytics predicts that total global home games console sales will fall by 9% in 2010.

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Lorenzo Winfrey

Lorenzo Winfrey

Editor-In-Chief at ZoKnowsGaming
I am the Co-Ceo of DLT Digital Media. We are a company that is focused on developing new and innovative web properties in addition to developing WordPress based web sites for others. But before I was all that, I was a gamer.
Lorenzo Winfrey