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The PlayStation 3 (formally styled PLAYSTATION 3, normally abbreviated PS3) is the third home video game console formed by Sony Computer Entertainment and the successor to the PlayStation 2 as part of the PlayStation series. The PlayStation 3 contends with Microsoft's Xbox 360 and Nintendo's Wii as part of the seventh age group of video game consoles. In sales and promote share, it is presently in third place. The system was first out 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 main storage media, Blu-ray Disc, although it also supports DVDs, CDs, HDDs and with some models SACDs. It is able of playing back content from Blu-ray (BD) disc at a tad speed of multiplex 48Mbps, the maximum bit rate definite in BD standards.

The PlayStation 3 was first on the rampage in Japan on November 11, 2006, at 07:00. There are reports that many of the systems were acquire by businessmen who paid largely Chinese nationals to buy the systems without any troubles to resell on eBay. According to Media Create, 81,639 PS3 systems were sold within 24 hours of its overture in Japan.

Rapidly after its release in Japan, the PS3 was unconfined in North America on November 17. Reports of violence nearby the release of the PS3 include a customer shot, campers robbed at gunpoint, clients shot in a drive-by shooting with BB guns, and 60 campers combating over 10 systems.

The PS3 was beginning in Europe, Australia and New Zealand on March 23, 2007. After the first two days of sales, the system had sold just about 600,000 units. The PlayStation 3 initiate in North America on November 17, 2006 with an entirety of twelve titles, while one more three were at large previous to the end of the year. After five days of sales it was established that Insomniac's first person shooter Resistance: Fall of Man was the top-selling game, and was heavily admire by numerous video game websites, as well as GameSpot and IGN, both of whom awarded it with their PlayStation 3 Game of the Year award for 2006. Some titles ignore the launch window and were belated until 2007, such as The Elder Scrolls IV: Oblivion, F.E.A.R. and Sonic the Hedgehog. During the Japanese launch, Ridge Racer 7 was the top-selling launch title, while Mobile Suit Gundam: Crossfire also fares well in sales; both of which were offerings from Namco Bandai. The PlayStation 3 launched in Europe with twenty-four titles, with some that did not exist in the North American and Japanese launched, such as Formula One Championship Edition, MotorStorm and Virtua Fighter 5. Resistance: Fall of Man and MotorStorm have been the nearly all winning titles so far; all has wholesale over one million copies international.

The PlayStation 3 was first advertised in the U.S. in September 2006, in which several TV announcements verified some of the features of the system. In early 2007, Sony Computer Entertainment starts in on to market the system in Europe, with the selling slogan "This is living".

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