The Sony PS3 has hit a whopping 50 million sales worlwide, with the recently released Move controller notching up eight million sale already.

At least the tide is now turning for Sony, who for years were famously loosing money on each unit sold. Now with development costs recouped and an easier and cheaper to make console they should now easily be seeing a return on their investment.

As an added bonus for Sony, such a high total number of console sales means there are an equally high number of Blu-ray players out there in homes around the world, thus boosting sales of their high-defintion format disks.

If you haven’t got a current generation games console yet, get a free PS3 – just click the link!

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Industry research firm NDP expects a dip in game buying numbers this holiday season, accoring to its latest survey.

Sales have droped almost every month this year compared to 2009 and according to a survey of mover 2,000 respondents only 15 percent of US consumers plan on buying this holiday season.

This is despite the new PlayStation Move, Xbox Kinect and refreshed Xbox 360 line-up bringing renewed interest to consumers this year.

Stay tuned for more Console News.

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