Sony stock jumps on Blu-ray win, Tretton calls 2008 PS3's 'breakthrough' year

by Alexander Sliwinski on Feb 20th 2008 12:30PM

Now that the HD movie format war is officially for-sure over, Sony is ready to reap the benefits. Sony's US shares rose up to 5 percent yesterday (closing up 3.4% at $46.30) on the news that Toshiba was ready to put HD DVD on an ice float.

Sony Computer Entertainment America CEO Jack Tretton took the opportunity to say that with Blu-ray winning the format war it is "one more reason why PS3 is a great value." He believes 2008 is the PS3's "breakthrough" year with Blu-ray dominance and "widely-anticipated games."

Read: Sony shares rise on Blu-ray, PS3 optimism
Read: Sony plays up PS3 Blu-ray

Tags: PS3

Reader Comments (99)

To arms, console warriors!

*grabs popcorn*

SONY SUCKSSSSSSSSSSSSSSSSSSSSSSSSSS!!!!!11

But Bluray doesnt =)

So wheres mah Gears of War 2 announcement?????

they u having anything else to say but saying sony suckssssssss do u? well ps3 outsells the 360 even the psp and the ps3 was nearly outselling the wii but maybe im wrong but is god of war3 coming to wii rofl go back playing mario sex party but i heared that sponge bob is awesome on the wii they say its better than mgs4

mji245, this is the best Joystiq post I have ever read ever. Somebody get that man a +.

I think your sarcasmometer is busted there, Champ.

still waiting for a price drop and a 'must-have' game. Not saying ps3 doesn't have a couple good games, just none have been system sellers for me personally.

I concur. Only one game looks interesting and I can borrow my friends system for that... Although if they made a new Jak and Daxter main storyline game I would be obligated... And eventually I'll probably want a BluRay Player.. So when that day comes I'll look into saving up for one...

10.5 million and counting baby!

PS3 will take over like a tsunami this year, i know even the Sony haters can feel it.

You heard it, folks – thousands of coastal residents will die a horrible death by drowning and there'll be massive property damage to boot if the PS3 takes over.

Do you REALLY want that?

I know you shouldn't answer questions with questions, but does Curmeo live on a coast?

Nope, in a cave. Dont know how he plugs his PS3 in that place.

Same as how the unaboo boo wrote the picnic basket manifesto

WHAT?!^^^^^^

Gears of War 2 says hi.

I assume you mean just beat Xbox becuase it will be years till they beat the Wii and you know it.

Needed a picture of the PS3 holding the still-pumping heart of HD-DVD high in the air.

There's already pictures of the BluRay imitating the infamous 'Spartan Kick' of HDDVD into the pit.

Ironically enough, Betamax is somewhere down there.

The saddest part of this entire outcome is the average consumer will still continue to suffer. They will buy HD-DVD players not knowing all future support has been dropped.

Hahaha

How about some word bubbles for the Spartan kick?

"Now, Beta is avenged!"

"Say, hi to Beta."

Hey, Sony took this risk for the fourth time, and the fourth time, I guess, is the charm. So, they deserve it.

I guess they "succeeded" in winning the format war. But it was a phyrric victory and it would be the same case if HD-DVD had won.

Both sides ponied up a lot of dough to try to buy exclusive rights from movie studios. At the same time they were throwing this cash around, good old DVD has been kicking their collective asses in sales and consumer exposure. Why would a consumer buy a format that confuses him/her (either hi-def) while they can buy/fall back on what they know and at the same time, pay a lower price?

Believe it or not, videophiles, you're a minority in the movie-buying market. The jump from DVD to Blu-Ray/HD-DVD is not as clear to most people as the VHS to DVD jump was.

Congratulations, BDA, for winning the Hi-Def format battle. The true war is with DVD.

See, I'm confused here. Why is my comment a "bad" comment, and what relevance does E.J.'s comment have in accordance to mine?

I will buy a PS3, eventually. If the price drops a bit more and it gets a stable of must-have games.
Of course if M$ comes out with a blu-ray accesory I will buy that instead.
I mean why buy a whole console, if I just want HD movies?

you can already watch HD movies on 360 w/ XBL or getting HD rips from seedy sources.

Problem is XBL HD films suffer from a small selection, the files are compressed and you can only rent not own.

Sure I could torrent, but good luck finding 1080p, Dolby Digital TrueHD files plus I kinda like owning a physical disc.

theres a bunch of blu ray and hd dvd rips on torrent sites right now to be honest

uh...there was this test by the people from EngadgetHD and some other sites, apparently "HD" movies found on XBLM aren't really "HD"...

...so right now the most efficient way to get your "HD" fix would be through Blu-Ray....

How do you (or they) figure, Noshino?

And yes, it is actually quite easy to find 1080p blu-ray rips on the torrents.

http://gizmodo.com/352392/vudu-test-confirms-hd-download-worries-plus-what-needs-to-be-done

http://www.xyhd.tv/2006/12/reviews/why-xbox-live-video-marketplace-competes-well-visually-with-hd-dvd/

When I'm ready to buy an LCD to replace my rear projection CRT (probably this fall), I'll throw a PS3 in the cart as well...

play your cards right and you'll get it for free.

it's already been released by vgchartz (maybe not the best source, but better than any fanboy) that the ps3 reached 10 million 4 months faster than the 360. People have been saying for a while that 2008 will be the year for the ps3.

A price drop would be most welcome, but for a console that has some decent games out and in the pipe and plays the next HD format (one that hopefully sticks around for a while) it's still pretty good at 400 bucks.

Next weeks Headline?

Microsoft Announces Bluray Addon at $159.00 w/5 free Bluray Movies, steals PS3's Thunder

I keed ;)

@Fenix Knight

I am not sure at this point it will matter. The majority of X-bots have such hate in their heart for Sony and they think Sony owns Blu-Ray that they will continue to preach about how digital downloads pwns Blu-Ray. I think a Blu-Ray add on will sell worse than the HD DVD add on. It certainly will not be $159.99 (my guess is more like $199.99 or higher). At that point why not just wait and get a PS3 especially with the increasing library of games, features out of the box and free online play. But then again like I said the X-Bots (mostly Americans tragicly) hate Sony and act like it raped and killed their mother then tried to burn down the orphanage they were forced to live in.

Eventually even the hardest of the hardcore X-bots will come around to the PS3. I own all3 and love all 3 for different reasons. As for the add on, well, I didn't buy the HD DVD add on because I could get a cheaper stand alone player. I feel when people look at it logicly and see that another $150.00-$200.00 bucks gets them an entire new console + extras + Blu-Ray even they will come to the preverbial "Dark Side".

It'll be a good year for them sure, but for games? I'm not convinced yet. It's still more of a blu-ray player than a first rate games console and their upcoming games lineup isn't all that great.

What Resistance 2, LBP, MGS4 plus more besides don't look that great? That criticism just doesn't hold any water at all, sorry.

Kojima says hi.
Media Molecule too.

Actually, Media Molecule says, "Hi! We have this game here! Guys?
...guys? Hey, c'mon! look at it! W...why aren't you buying it? But...but all the blogs loved it! I..I...hey! WHERE THE F-CK ARE YOU GOING?!

. . .

Oh, what a kick in the sack boys..."

Maybe it's not selling because it's not for sale yet?

res2 in 08? Laff. LPB looks interesting but it's a niche game, not a blockbuster. MGS? meh.. it's the end of a tired franchise and a "for the fans" game. It's not going to be a COD4 level exclusive. You also have FF, if it makes it out this year. Then there's Haze and Killzone2, but I don't think anyone expecting anything innovative there. Decent exclusives, but hardly an amazing lineup.

Haha, Samfish has become quite vocal with his Sony hate. In any case I'm only really excited for LBP, I may pick up Resistance 2 if the shooters planned for the 360 fail. As it stands this year I'm looking forward to Too Human, Fable 2, Fallout 3, Super Smash Bros. Brawl, Little Big Planet, Castle Crashers, Army of Two and Vegas 2. A few of those are releasing on both the PS3 and 360 but since I only know 1 other person with a PS3 vs all the friends I have with the 360 my cross platform game choices go with the 360. Plus the gamepad is better suited for FPSs anyway. Not sure which console I'll get Fallout 3 on though, really all depends on which console it performs better. Considering Oblivion had a lot less popup on the PS3 due to the install I may get it for that console.

AH! How could I forget Star Wars: Force Unleashed, Battlefield: Bad Company and Soulcalibur IV? Gah, how can I afford all these games? People say 2007 was one year in gaming that will be hard to trump, but honestly this year will be devastating on my finances all year round, there will be no game drought this year! Finally developers are learning to space out their games. 2008 is the year of decent or above average multiplatform games.

Don't worry 2007; you still have Shadowrun which makes you the biggest winner in my heart.

where is your data to support this? seems like you're making assumptions.

haha samfish turned into another troll. stop getting so defensive, ps3 won't outsell the wii.

Sheesh...try to have some fun and get called a troll. Don't get all defensive on me!

Anyway, I really do think LBP will be a retail letdown.

Wow, if I had an HD TV, I'd might even care!

Maybe.

I laughed.

This format "war" has passed many people by.

And I think most of America would agree with that.

I would say Uncharted, COD4, Resistance 2, Metal Gear GOTP, and Warhawk would make it a worthwile purchase. For me atleast it does. Still needs work though. Just the truth...

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Sony stock jumps on Blu-ray win, Tretton calls 2008 PS3's 'breakthrough' year

Reader Comments (99)

Posted: Feb 20th 2008 12:33PM SheppyReturns said

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