Of late, video gaming has become very popular not only to the youth but also to the adults as well. It is no wonder then that many people have managed to have very successful careers as gamers. With the increased interest in video gaming, comes the need to have the perfect apparatus to play these games.
Many companies have come up with these provisions and one such provider is PlayStation. This is a video game brand that originated from Japan in 1994, and later on, released worldwide. With five home video game consoles, the brand also has a media center, a line of controllers, two handhelds, a phone, and an online service.
The brand which is owned by Sony Interactive Entertainment was first released in 1994, with the original console selling more than 100 million units in a few years. Currently, the brand is available in different consoles of PlayStation 1,2,3,4, and 5. The game is also available in handheld game consoles like PlayStation Portable (PSP), PlayStation Vista, and PlayStation TV.
Another unique feature that the brand has is the PlayStation Network, which is an online service with millions of subscribers. The network comprises of PlayStation Store and PlayStation Plus. There is also PlayStation Mobile which provides the brand’s content on mobile phones.
Well, how well do you know about PlayStation? If not much, we have compiled all you need to know about PlayStation’s net worth in 2023, wiki and complete details. Well, if you’re all set, here is what we know about PlayStation to date.
Ken Kutaragi who was working as an executive at Sony is the man behind PlayStation. He got the idea while working as an engineer at Sony and he went ahead to implement it, leading to the birth of PlayStation. Initially, Sony had a partnership with Nintendo which was broken after they could not come into an agreement on how to split revenue. The move saw Kutaragi being appointed to develop the PlayStation project and compete with Nintendo.
The idea of developing the brand was faced with strong opposition from some of the board members at Sony. This forced Kutaragi and his team to relocate the company’s headquarters to Sony Music. The brand’s logo was designed by Manabu Sakamoto. The first PlayStation was released in Japan in December 1994 and it was followed by several upgrades like ‘PS One’, Net Yaroze, and the PocketStation. The PS One and the PlayStation consoles became the first ones to sell more than 120 million units.
On July 7, 2000, the PS One was released, and it was a smaller redesign of the original PlayStation. The console became very marketable and outsold all its successors. PlayStation 2 was officially released in 2000, and it is backward-compatible with several PlayStation games. This became the most successful console globally, and it sold the most units.
The PlayStation 2 was redesigned into a slim line model in 2004. Compared to the others before it, this model was thinner, smaller, quieter, and had a built in port. In 2007, it was further redesigned to become even lighter, having a lighter AC adapter. The model was revised further in 2008, reducing its weight further. In November 2006, PlayStation 3 was released in Japan.
One of the new model’s unique features was the use of motion-sensing technology. It was redesigned in 2009 and it came in a slim model. The new model was smaller, lighter, and used much less power than the other models. After being in the market for 3 years, the model was further redesigned into a super slim model.
On 20 February 2013, PlayStation 4 was released. This was an eighth-generation system, and it marked the introduction of x86 architecture to the brand’s series. The console had a PlayStation App that allows the players to use tablets and smartphones as second screens. The slim model of the console was released on September 7, 2016. This was further redesigned into the pro model which was unveiled on September 7, 2017. In 2020, the latest console PlayStation 5 was unveiled.
Awards & Achievements
Since it was incepted, PlayStation has experienced massive growth as well as advancement. It, therefore, did not come as a surprise when they were declared the winners of the Technology & Engineering Emmy Award for Outstanding Achievement in Video Gaming Technology and Applications, both in 2005 and 2006. PlayStation also entered into the Guinness World Records in 2019, for the best-selling video game home console brand ever. In 1999, the brand had won the British Academy Games Award.
Net Worth & Earnings of PlayStation in 2023
PlayStation is one of the leading brands when it comes to video gaming. Their products were incepted in Japan and later went global, where they have been able to sell more than 500 million units of their gaming consoles. As of 2023, The estimated net worth of PlayStation is $45 billion. With the unveiling of the PlayStation 5 in 2020, the net worth of the brand will probably increase soon.
PlayStation is one of the biggest gaming companies that we have today. It was started in 1994, and it has sold millions of units all over the world. The availability of the brand in different consoles and models has greatly boosted its success in the video gaming.