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Hope Fades for PS3 as a Comeback Player
TOKYO -- For most of this year, Sony
Corp.'s PlayStation 3 videogame console seemed finally to be taking off
after a slow start. The PS3, trailing Nintendo Co.'s Wii and Microsoft
Corp.'s Xbox 360 consoles, was closing in on the No. 2 Xbox 360, with
new games and quarterly sales growth at twice the speed of last year. But early results from this holiday season aren't promising. U.S. sales
of the PS3 fell 19% last month from a year earlier, while sales doubled
for the Wii console and rose 8% for the Xbox 360, according to research
firm NPD. Analysts say they expect PS3 sales for this month to be flat
or lower than last year, while sales for its rivals are likely to rise.
And Sony may not reach its goal of selling 10 million PS3 consoles in
the fiscal year through March, analysts say. READ MORE
Source:Digital Media Online.
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