PS3 to be in leadership position by end of cycle, says Hirai

Sony Computer Entertainment President Kazuo Hirai has stated he is confident the PlayStation 3 will surpass its rivals by the end of machine’s estimated 10-year lifecycle.

Speaking to the BBC, Hirai commented, “I am very confident that after the 10-year lifecycle we will have the install base that we are looking for and that is obviously to be in the leadership position.”

”We’ve only really begun to scratch the surface with PlayStation 3 but I am confident that given the long life-cycle we have planned for the machine we are going to have a very good install base in all of the major territories,” added Hirai.

In recent news it was also revealed that the console has been outselling Microsoft’s Xbox 360 in Europe since October 2007.

Stay tuned.