Sony Playstation 3 / Sony PS3

Sony Playstation 3 / Sony PS3
The PlayStation 3 (PS3) will be Sony’s seventh generation era video game console in the PlayStation series. It is the successor to the PlayStation 2 and will mainly compete against Nintendo’s Wii and Microsoft’s Xbox 360. Sony has announced that the PS3 will be backward compatible with PS1 and PS2 games that meet Sony’s TRC (Technical Requirements Checklist). At the moment, little is known in public about the PS3 apart from its hardware specifications and the reports that it will be based on open APIs for the game development.

The PS3 was officially unveiled on May 16, 2005 by Sony during an E3 conference, where the console was first shown to the public. A functional version of the console was not at E3 or the Tokyo Game Show in September 2005, although at both events, demonstrations were held on devkits (for example Metal Gear Solid 4: Guns of the Patriots) and comparable PC hardware, and video footage based on the predicted PS3 specifications was produced (for example for Mobile Suit Gundam).

Source:WikiPedia