The PlayStation 3 (colloquially known as the PS3) is the next video game console in Sony Computer Entertainment's (SCEI) market-leading PlayStation series.
The PlayStation 3 is slated for release in spring 2006. It is the successor to the PlayStation 2 and will mainly compete against the Nintendo Revolution and Xbox 360.
The PlayStation 3 version of the Cross Media Bar demonstrated at E3 2006 (video) included options for different user profiles, the ability to explore photos, play music and video movies from the hard drive, compatibility for a USB Keyboard and Mouse, a full Internet browser and a Friends menu.
PlayStation 3 supports video formats like MPEG-1 , MPEG-2 (PS,TS), H.264/MEPG-4 AVC, MPEG-4 and audio formats like ATRAC (.oma .msa .aa3), AAC (.3gp .mp4), MP3 (.mp3), WAV (.wav). The PS3 also supports images like JPEG, GIF ,PNG ,TIFF formats.
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