Stringer confident of PS3 performance

Sony CEO Howard Stringer has said that he is confident of the PlayStation 3's current sales performance, comparing the momentum of the new console to that of the early days of the PlayStation 2.

"The momentum shift and the energy behind PS3 in time for Christmas is extremely fortuitous," said Stringer in an interview with The Hollywood Reporter.

"It was planned by the PlayStation group, but I think this momentum now — particularly the number of games coming out, including our own as well as third-party — is the same as it was with PlayStation 2," he said.

Stringer dismissed the suggestion that the PlayStation 3 is taking longer to establish itself with the development community, saying that creating for a brand new format simply takes time.

"[The PS3 is] not behind the curve compared to PlayStation 2 in terms of momentum.

"The amount of bandwidth and the processing power of Cell gives game manufacturers a lot more work to do to use this system to its full benefit — and it's taken a while to do it. The same was true of the PlayStation 2," he added.