Sony PlayStation 3 sales rise, but it’s still in last place

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A price cut seems to have boosted sales of Sony’s PlayStation 3, but the floundering console is still trailing its rivals from Microsoft and Nintendo. U.S. retailers sold 159,000 PlayStation 3s last month, compared to 98,500 in June. The increase came as Sony cut the price on the game machine in early July by $100 to about $500.

Overall, July was a good month for the game industry with total sales of hardware, software and accessories up 37 percent from the same month last year to $925.5 million. The only downside for the business was in the portable market, where hardware sales fell 1 percent to $95 million and software sales dropped 1.5 percent to $106.1 million.

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