Research firm DFC Intelligence agrees, and predicts the worldwide installed base of PS3s will overtake Microsoft’s older Xbox 360 next year. At the end of March, the PS3 was about 6 million units behind the Xbox 360: 12.85 PS3s million versus 19 million Xboxes.
What’s driving the PS3’s growth? Price cuts: The PS3 has come down to a reasonable $400 in the U.S., down from $700 $600 at its launch. The built-in Blu-ray player can’t be hurting, too — now that it’s won the next-gen disc format war, it’s a solid bonus feature for the PS3.
But perhaps most important: Sony’s 8-year-old PlayStation 2 — which outsold both the PS3 and the Xbox 360 last year — is keeping gamers on Sony platforms, which makes the PS3 a natural upgrade.
That’s good news for Sony, which is looking for its games unit to finally become profitable soon.
NOW WATCH: Tech Insider videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.