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Analysts see a brighter future for PS3

It's taken awhile, but business analysts are now confident in Sony's future. The past few months have been a great turnaround for Sony, with a successful new ad campaign, new marketable price point, and selection of great exclusives and multplatform titles. So, what does the future hold? A lot. 2008 is going to be a great year for Sony, and analysts can agree.

Hiroshi Kamide from KBC Securities said Sony is "making up lost ground ... Going forward another 12 months or so I'm sure we'll see better titles turning up as well." Could some of those titles include Killzone 2, Metal Gear Solid, and LittleBigPlanet? Macquarie Security's David Gibson added, "It's certainly a sign that the momentum of the PS3 business is improving ... The PS3 and the games business is past the worst in terms of financial losses and the sales momentum is improving because of the price cut and the new model."

There are even more titles to look forward to for Sony's black box next year. Certainly, the tides are changing. PS3 may not become "number one" next year, but it's certainly going to be a much better year for Sony fans.

Tags: analyst, analysts, ps3, sony

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