It’s been quite some time since the PS3 was released, and yet, somehow the PS2 almost managed to out sell the PS3 in North America during the month of July–roughly 120,000 to about 108,000. It’s no surprise that the recession has taken its toll on the industry. Many gamers are resorting to spending cash on cheaper consoles, and waiting before purchasing the newest games. It’s scary to think that Sony has out marketed themselves, but let’s face it, $99 is a good price point for a console, and when your system lacks games, it’s going to have a hard time going up against something with the established game library that the PS2 currently boasts.

On the other hand, this isn’t really that bad for Sony, considering they’d be outselling themselves. I also wouldn’t be too worried about the PS3 making a rebound. With the rumored price drops, a slimmer console on the horizon, and the holiday season creeping up on us, I’d say it’s only a matter of time before we see those sales numbers reversed. Most developers seem to be pushing their release dates closer to the end of the year, and some are even going as far as to move them into next year. As a result, it creates a waiting game that we’re all forced to play.

[Image Source: Sony Computer Entertainment Japan]