The PlayStation 3 (often referred to as the PS3) was meant to be the console of the future, but its release in November 2006 was overshadowed by lateness and rumors on cutbacks made by Sony. It can read the new Blue-ray Disc format, features a special Nvidia RSX video card and includes features such as Wi-Fi internet. Despite these many innovations, sales of the PS3 have been sluggish, as the Nintendo Wii and the Xbox 360 continue to enjoy a larger market share.
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