The PlayStation 3 consists of a video game console that is created and sold by Sony. This console is the successor of PS2 or PlayStation 2. It was released on 11th November of 2006 back in Japan. From there, it got released in places like North America, Australia, and Europe. The PS3 is the first-ever console to utilize Blu-Ray Disc as its main storage medium. This console was the first from its series to incorporate services of social gaming, and that includes the PS Network.