this post was submitted on 22 May 2025
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Man, I 'member those times. PS3 launch was complete joke, scalpers sold the console for thousands of dollars, with one in particular going for over 17k. This, remember, in 2006. Everyone was making fun of it, from ScrewAttack to VGCats
The PS3 is in competition with the original Xbox One for being the most undercooked and overpriced launch of a game console. I guess it's what made the recovery even more astounding.
The PS3 suffered from lack of games and low stocks for the first 2 years, if I'm not mistaken. Pretty sure they only managed to pull through because they're a megacorp, with other areas covering up the losses in the meantime. Having a much lower failure rate compared to the 360 certainly helped, too.
The X1 died by M$ showing their hubris at every opportunity before launch. "We'll block used physical game sales! Fuck games, this is your home media server! The kinect is mandatory and will spy on you! Yes, even while the console is powered down!" - Sony's marketing was just "We don't do any of that"
PS3 launch relied on its backwards compatibility to have a deep roster of games. Removing hardware backwards compatibility was a blow, and in my opinion really started the unfortunate trend of rereleasing ported last-gen games for the next-gen console.