The PlayStation 3 (officially trademarked PLAYSTATION 3,[5] commonly abbreviated PS3) is the third home video game console produced by Sony Computer Entertainment and successor to the PlayStation 2 as part of the PlayStation series. The PlayStation 3 competes with Microsoft's Xbox 360 and Nintendo's Wii as part of the seventh generation of video game consoles. In sales and market share, it is currently in third place.[6] The system was first released on November 11, 2006, in Japan, November 17, 2006 in North America and Asia, and March 23, 2007 in Europe and Oceania. It is the first console with next-gen primary storage media, Blu-ray Disc, though it also supports DVDs, CDs, HDDs and with some models SACDs.[7][8] It is capable of playing back content from Blu-ray (BD) disc at a bit rate of multiplex 48Mbps, the maximum bit rate defined in BD standards

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while it is agreeable that ps3 is a good gaming system it is in short your basic computer plus a ps2 combo that is all it is then the fact of the 600 buck price tag is way too much for most people there is highly limted time that people will settle for that before the price will have 2 drop like crazy