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The PlayStation 3 (officially marketed PLAYSTATION 3 aka PS3) is the third home video game console produced by Sony Computer Entertainment and successor to the PlayStation 2 as part of the PlayStation series. The PlayStation 3 competes with Microsoft's Xbox 360 and Nintendo's Wii as part of the seventh generation of video game systems.

A major addition to the PlayStation 3 from its predecessors is its unified online gaming service known as the PlayStation Network which contrasts with Sony's former policy of relying on games' developers for online play. Other major features of the console include its robust multimedia capabilities, connectivity with the PlayStation Portable and its use of Blu-ray Disc as its primary storage medium.

The PlayStation 3 was first released on November 11, 2006 in Japan, November 17, 2006 in North America and March 16, 2007 in Europe and Oceania. The PS3 was originally released two stock keeping units (SKUs); a basic version with a 20GB hard disk drive and a premium version with a 60GB HDD with several additional features.

The 20GB version was not released in Europe or Oceania while the 60 GB version is now discontinued. Since then the console has had several revisions made to its available SKUs and has faced stiff competition from the other seventh generation consoles.

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Backwards compatibility[]

All PS3 models can play most PS1 games. However, some PS3 models will not play PS2 games (like the slim and super slim don't have the hardware which is used to play PS2 games) But some models can play PS2 games like the ones that can are the: 60GB models, the 20GB models and the first version of the 80GB. Now, most Burnout games for the PS2 will work on the older models of the PS3 like, Burnout, Burnout 2, Burnout 3 and Burnout Revenge will work.