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PPT : Playstation 3 and Xbox 360 debut at E3 convention

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

Sony’s 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, Sony’s Video Game Unit Head

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

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

Price Fears?
* PS3 analysts predict that the unit could cost up to 500 dollars
o Game titles could also reach 60-70 dollars per game
o Due to increased R&D and development for high tech games

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