Playstation3

Sony Trims Price of PlayStation 3

Sony (SNE) says it is cutting the price of its PlayStation 3 gaming console by $50 in an attempt to drum up demand for the 5-year-old video game...

Microsoft Sold More than 8 Million Xbox Kinects in 60 Days

Microsoft Corp (MSFT) says it sold more than 8 million Xbox Kinect motion-sensing game system in the first 60 days since launch, easily beating the company%u2019s target of 5 million. The sales of the Kinect also top that of Sony Corp%u2019s (SNE) competing Move system, Reuters said. Sony sold 4.1 million units of Move in its first two months. That figure does not take into account the peak December holiday shopping month.

Sony Sees 'Very, Very Strong' Christmas Gaming Sales in Europe

Sony Corp (SNE) forecast "very, very strong" holiday sales for its video-game consoles in Europe, with high demand for the PlayStation 3. Andrew House, head of Sony Computer Entertainment Europe, said that European sales will help Sony exceed its target of selling 15 million PS3s in its fiscal year.

Game Over: Why the Console Business Is Doomed

Video-game console makers apparently think their business will be saved by motion-sensing technology that would let you play Madden NFL 11 by running around your living room. Sorry, guys: Smart phone, social network and cloud-based games are going to drink your milkshake.

Playstation 3 update leads to lawsuit

Playstation 3 update leads to lawsuitA Playstation 3 software update last month erased the free operating system, Linux, leaving disgruntled gamers to file complaints in several states...