PS3 is out of the woods, says Stringer

Sony Corporation boss Howard Stringer has said he's confident PlayStation 3 is on track to beat Xbox 360 in the console war.

Stringer told Reuters sales of the machine are improving, despite an economic slowdown in the US.

"PS3 has now gone past Xbox on the Christmas market. It's moving into its own as it gets into higher bandwidth," he said.

"PS3 is out of the woods and beginning to hold its own."

Stringer's comments echo some made by SCEE boss David Reeves just a few days ago. He reckons the PS3's European installed base will exceed Xbox 360's by late summer, don't you know.

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