During its early years, the system received a mixed reception, due to its high price ($599 for a 60-gigabyte model, $499 for a 20 GB model), a complex processor architecture, and lack of quality games, but was praised for its Blu-ray capabilities and "untapped potential". The reception improved over time. The system had a slow start in the market but managed to recover, particularly after the introduction of the Slim model, and managed to sell 87.4 million units to outsell the competing Xbox 360 and become the eighth-bestselling video game console in history. Its successor, the PlayStation 4, was released in November 2013; Sony started discontinuing the PlayStation 3 within two years' time, with shipments of new units ending in most of the world by 2016, and the final units produced until May 29, 2017 in the Japanese market.
during its early years the system received a mixed reception due to its high price ($599 for a 60-gigabyte model $499 for a 20 gb model) a complex processor architecture and lack of quality games but was praised for its blu-ray capabilities and "untapped potential" the reception improved over time the system had a slow start in the market but managed to recover particularly after the introduction of the slim model and managed to sell 874 million units to outsell the competing xbox 360 and become the eighth-bestselling video game console in history its successor the playstation 4 was released in november 2013; sony started discontinuing the playstation 3 within two years' time with shipments of new units ending in most of the world by 2016 and the final units produced until may 29 2017 in the japanese market