There were a lot of reasons.
1. Loss of big name exclusives (DMC4, GTA IV, Tekken VI, FFXIII, Street Fighter IV, Resident Evil V)
2. Poor Marketing for Big Exclusives like Little Big Planet and Resistance II
3. Underestimating the Xbox's Fanbase, and the Xbox's appeal in the West
4. Too Expensive at Launch, with very little in the way of games (except Resistance 1)
5. Removing Backwards Compatibility
6. Refusal to cut the price
7. Too much focus on Blu-Ray Movies and not enough on Games
8. The Recession
9. Overconfidence on the part of Sony, after having two runaway successes with the PS1 and 2, many felt the PS3 would be a runaway hit just like they were.
10. Unable to dent Microsoft where it would hurt the most: the HALO and Gears of War Series
Log in to comment