Heretic777: He will fail. The PS1 was a one time event (2D to 3D). The leap from 2D to 3D was breathtaking and revolutionary and Sony was able to ride that gigantic wave to the top. There is no wave that revolutionary to take them to the top again.
It isn't that easy. The PS1 was a huge achievement, it was bound to fail in the market, especially after so many CD-based consoles from companies with no experience in the gaming market failed (3DO, Philipps CD-i). Also, the Saturn was released a few months before the PS1 and also had 3D graphics, yet it failed.
Also, the N64 pushed 3D graphics even further, yet it couldn't be as successful as the PS1.
Sony managed to attract developers and publishers by offering better licensing deals. They were not as narrow-minded as Nintendo, who treated third-party developers like crap.
What i want to say is that the leap from 2D to 3D wasn't the decisive factor for Sony's victory with the PS1. The success of the PS2 also corroborates to the fact that this transition wasn't that important for Sony's victory in the gaming market.
Heretic777: Because of arrogance and greed. They think that they can do whatever they want and gamers will still worship their system.
Not really. The PS3 was just too expensive to produce and costed Sony a lot of money. When they finally realized that they had to cut costs down, they took PS2 compability out.
Was Microsoft being arrogant and greedy by not offering a decent backwards compability on the Xbox 360 as well? At least the first PS3 models came with full hardware backwards compability (which was later changed to software compability and then finally taken out), the Xbox 360 came with software backwards compability which sucked. Microsoft promised to constantly update backwards compability, but they stopped developing it after 1 year.
Also, Microsoft shut down Xbox Live for the first Xbox a few years ago, which means you can't play any game online there anymore, while on the PS2 there are still a few games with working servers (even SOCOM's servers were still up a few months ago, but they took it down). And even worse, Xbox Live had a monthly fee, Sony's online services didn't. It would make more sense if Sony had shut down their servers first (since they have no income to maintain servers up), but no, Microsoft did it first, and they had subscribers still playing Halo 2 online daily.