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The '''PlayStation 3''' ('''PS3''') is a [[home video game console]] developed by [[Sony Computer Entertainment]]. It is the successor to [[PlayStation 2]], and 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]]. The PlayStation 3 competed mainly against consoles such as [[Microsoft]]'s [[Xbox 360]] and [[Nintendo]]'s [[Wii]] as part of the [[seventh generation of video game consoles]]. | The '''PlayStation 3''' ('''PS3''') is a [[home video game console]] developed by [[Sony Computer Entertainment]]. It is the successor to [[PlayStation 2]], and 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]]. The PlayStation 3 competed mainly against consoles such as [[Microsoft]]'s [[Xbox 360]] and [[Nintendo]]'s [[Wii]] as part of the [[seventh generation of video game consoles]]. | ||
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During its early years, the system had a critically negative reception, due to its high price ($599 for a 60 gigabyte model, and $499 for a 20 GB model), a complex processor architecture and a 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 but managed to recover, particularly after the introduction of the ''Slim'' model. Its successor, the [[PlayStation 4]], was released later in November 2013. On September 29, 2015, Sony confirmed that sales of the PlayStation 3 were to be discontinued in [[New Zealand]], but the system remained in production in other markets. Shipments of new units to Europe and Australia ended in March 2016, followed by [[North America]] which ended in October 2016. Heading into 2017, Japan was the last territory where new units were still being produced until May 29, 2017, when Sony confirmed the PlayStation 3 was discontinued in [[Japan]]. | During its early years, the system had a critically negative reception, due to its high price ($599 for a 60 gigabyte model, and $499 for a 20 GB model), a complex processor architecture and a 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 but managed to recover, particularly after the introduction of the ''Slim'' model. Its successor, the [[PlayStation 4]], was released later in November 2013. On September 29, 2015, Sony confirmed that sales of the PlayStation 3 were to be discontinued in [[New Zealand]], but the system remained in production in other markets. Shipments of new units to Europe and Australia ended in March 2016, followed by [[North America]] which ended in October 2016. Heading into 2017, Japan was the last territory where new units were still being produced until May 29, 2017, when Sony confirmed the PlayStation 3 was discontinued in [[Japan]]. | ||
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==Hardware== | ==Hardware== | ||
