Here are some trivia about The PlayStation 3 or more commonly referred to as the PS3. First, this is the 3rd home video game console produced by Sony Computer Entertainment. It followed PlayStation 2 (obviously) and is part of the PlayStation series (I'm sure you know this too). Currently, the PS3 competes with Microsoft's Xbox 360 and Nintendo's Wii, which are all seventh generation video game consoles.
The major feature that distinguishes PlayStation 3 from its predecessors is the unified online gaming service, the PlayStation Network. This contrasts the former policy of Sony of relying on game developers for online play. Other major features of the PS3 include its robust multimedia capabilities, connectivity with the PlayStation Portable, and its use of a high-definition optical disc format, Blu-ray Disc, as its primary storage medium. The PS3 is the first Blu-ray 2.0-compliant Blu-ray player on the market.
The PlayStation 3 was first released on the market last November 11, 2006 in Japan and next on November 17, 2006 in North America. March 23, 2007 was the date for Europe and Oceania. During the launch: a basic model with a 20 GB hard drive (HDD), and a premium model with a 60 GB hard drive was featured.
Since then, several revisions have been made to the console's available models and it has faced competition from the other seventh generation consoles. As of July 17, 2008, the PS3 is third in US home console sales for its generation.