Sony Playstation Turns 20 Today

0
Sony Playstation Turns 20 Today
<a href="https://pixabay.com/users/christianladewig0/">christianladewig0</a> / Pixabay

Two decades ago on this very date, the Sony PlayStation was released in Japan. After a long life, with a lot of ups and downs, the brand is in fine form.

Much to the excitement of Sony Corp (ADR) (NYSE:SNE) (TYO:6758) executives the PlayStation 4 has surpassed expectations in its first year and there is much to celebrate at Sony HQ, however a truly groundbreaking innovation in the same mold as the PlayStation has not been seen from the company in the past 20 years.

This Hedge Fund Believes The New Real Estate Cycle Is “Well Underway”

REITChilton Capital's REIT Composite was up 6.1% last month, compared to the MSCI U.S. REIT Index, which gained 4.4%. Year to date, Chilton is up 6.3% net and 6.5% gross, compared to the index's 8.8% return. The firm met virtually with almost 40 real estate investment trusts last month and released the highlights of those Read More


Groundbreaking

The launch of the original PlayStation has been likened to the iPhone as a demonstration of how to force your way into an established market and ruffle some feathers. At the time the console market was dominated by Nintendo and Sega, while a planned 1991 collaboration between Sony and Nintendo was cancelled because of disagreements over revenue sharing. Sony went back to the drawing board and just a few years later released a product that blew competitors out of the water.

The fact that the Sony PlayStation was conceived with the idea of using CD-ROM discs and 3-D graphics was revolutionary at a time when the Nintendo 64 was still using cartridge technology. Of course the Sega Saturn used CD-ROM’s too, but was doomed by high-pricing and poor 3-D performance. Developers looking to attract older audiences with more realistic games found the perfect vehicle in the PlayStation.

Sony Playstation 4: Increasing market share

Despite numerous technical advantages, the N-64 found itself losing both customers and developers to the PlayStation, whose CD-ROM’s could store more data and were cheaper to produce. The ease with which developers could experiment with new products meant that before long the PlayStation software library was unrivaled.

The PlayStation 2 continued the trend, as eventually did the PlayStation 3 after a rough start, however no Sony product has had such a significant impact as the original PlayStation.

Although there is so much to celebrate today, commentators have been left wondering when Sony will release its next genuinely revolutionary product. It would seem that the company has lost the knack that it developed with the release of the Walkman, Trinitron, Handycam and PlayStation.

While not wishing to take away from the achievements of the maturing PlayStation, would it be unreasonable to expect something more innovative from one of the giants of consumer technology?

 

Previous article Apple Inc. CEO Donates $291K To Pennsylvania School District
Next article Help Wanted OnLine Ads Surge [CHART]
While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. <i>To contact Brendan or give him an exclusive, please contact him at [email protected]</i>

No posts to display