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Some titles missed the launch window and were delayed until early 2007, such as The Elder Scrolls IV: Oblivion, F. It also showed off a number of titles that were set for release in 20; most notably Killzone 2, Infamous, Gran Turismo 5 Prologue, Little Big Planet and SOCOM: U. Two other important titles for Play Station 3, Final Fantasy XIII and Final Fantasy Versus XIII, were shown at TGS 2007 in order to appease the Japanese market.
With it being a somewhat last-minute delay, some companies had taken deposits for pre-orders, at which Sony informed customers that they were eligible for full refunds or could continue the pre-order.
It was first released on November 11, 2006, in Japan, The Play Station 3 competed mainly against consoles such as Microsoft's Xbox 360 and Nintendo's Wii as part of the seventh generation of video game consoles.
The console was first officially announced at E3 2005, and was released at the end of 2006.
On September 29, 2015, Sony confirmed that sales of the Play Station 3 were to be discontinued in New Zealand, but the system remained in production in other markets.
The Play Station 3 began development in 2001 when Ken Kutaragi, then the President of Sony Computer Entertainment, announced that Sony, Toshiba, and IBM would collaborate on developing the Cell microprocessor.
Play Station designer Teiyu Goto stated that the Spider-Man-font-inspired logo "was one of the first elements SCEI president Ken Kutaragi decided on and the logo may have been the motivating force behind the shape of PS3". Mueller commented that the 256 MB of system RAM is a limitation for this particular application and is considering attempting to retrofit more RAM.