"PS3" redirects here. For other uses, see PS3 (disambiguation)
The PlayStation 3 (PS3) is a home video game console developed and 💰 marketed by Sony Interactive Entertainment. The successor to the PlayStation 2, it is part of the PlayStation brand of consoles. 💰 It was first released on November 11, 2006, in Japan, November 17, 2006, in North America, and March 23, 2007, 💰 in Europe and Australia.[15] The PlayStation 3 competed primarily against Microsoft's Xbox 360 and Nintendo's Wii as part of the 💰 seventh generation of video game consoles.
The console was first officially announced at E3 2005, and was released at the end 💰 of 2006. It was the first console to use Blu-ray Disc technology as its primary storage medium.[16] The console was 💰 the first PlayStation to integrate social gaming services, including the PlayStation Network, as well as the first to be controllable 💰 from a handheld console, through its remote connectivity with PlayStation Portable and PlayStation Vita.[17][18][19] In September 2009, the Slim model 💰 of the PlayStation 3 was released. It no longer provided the hardware ability to run PS2 games. It was lighter 💰 and thinner than the original version, and featured a redesigned logo and marketing design, as well as a minor start-up 💰 change in software. A Super Slim variation was then released in late 2012, further refining and redesigning the console.
During its 💰 early years, the system received a mixed reception, due to its high price ($599 for a 60-gigabyte model,R$499 for a 💰 20 GB model), a complex processor architecture, and lack of quality games but was praised for its Blu-ray capabilities and 💰 "untapped potential". The reception would get more positive over time. The system had a slow start in the market[20] but 💰 managed to recover, particularly after the introduction of the Slim model, and managed to sell 87.4 million units to outsell 💰 the competing Xbox 360 and become the eighth-bestselling video game console in history. Its successor, the PlayStation 4, was released 💰 later in November 2013. On September 29, 2024, Sony confirmed that sales of the PlayStation 3 were to be discontinued 💰 in New Zealand, but the system remained in production in other markets.[21] Shipments of new units to Europe and Australia 💰 ended in March 2024, followed by North America which ended in October 2024.[22][23] Heading into 2024, Japan was the last 💰 territory where new units were still being produced until May 29, 2024, when Sony confirmed the PlayStation 3 was discontinued 💰 in Japan.[22][23][24][25][26]
