Playstation 3 and Xbox 360 debut at E3 convention

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Playstation 3 and Xbox 360 debut at E3 convention

• By Jon Slack

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What is E3

• Electronic Entertainment Expo
• Largest expo of gaming professionals
• 60,000 retailers and 400 exhibitors
• 11 billion dollar video game industry and growing
• Sony and Microsoft unveil next generation gaming
  systems

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Sonys Playstation 3

• Arrives Spring 2006
• Processor 35 times more powerful than PS2
• Ability to display in HDTV
• "This is a system to be placed in the center of
  the living room around the world," Ken
  Kutaragi, Sonys Video Game Unit Head

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More PS3

• Designed to be more than just a video game
  machine.
• Offers built in modem for broadband, wireless
  internet connections
• Users will be able to purchase games online
• Top of the line DVD player to play movies with
  advanced audio output

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Xbox 360

• For sale in November 2005, Holiday Season
• 35-40 game titles planned at launch
• Xbox Live, online ability to play videogames with
  other people
• Current subscription base is 2 million,
• 1 BILLION subscriber
• goal

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Price Fears?

• PS3 analysts predict that the unit could cost up
  to 500 dollars
• Game titles could also reach 60-70 dollars per
  game
• Due to increased RD and development for high
  tech games
• Would 650 dollars for a unit and two games
  alienate a great percentage of the potential
  market share? Will Xbox 360 take it?

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Xbox 360 fights for Market Share

• Expected to sell for around 300 dollars
• Trails PS2 currently in market share but 360
  could attain first mover advantages with next-gen
  system
• Will capture Holiday rush and will be more
  affordable to more consumers
• PS3 banking on supposed superior graphics and
  features

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Sources

• http//news.bbc.co.uk/1/hi/technology/4554025.stm
• http//news.bbc.co.uk/2/hi/technology/4541961.stm
• http//www.foxnews.com/story/0,2933,157259,00.html
  
• http//www.cnn.com/2005/TECH/fun.games/05/18/e3.co
  nsole.review/index.html
• www.ign.com
• http//money.cnn.com/2005/05/16/technology/persona
  ltech/e3_microsoft/index.htm