Claim: Grand Theft Auto V was released for seventh generation consoles.

The PlayStation 3 -LRB- PS3 -RRB- is a home video game console developed by Sony Interactive Entertainment . It is the successor to PlayStation 2 , and is part of the PlayStation brand of consoles . It was first released on November 11 , 2006 , in Japan , November 17 , 2006 , in North America , and March 23 , 2007 , in Europe and Australia . The PlayStation 3 mainly competes against consoles such as Microsoft 's Xbox 360 and Nintendo 's Wii as part of the seventh generation of video game consoles .   The console was first officially announced at E3 2005 , and was released at the end of 2006 . It was the first console to use Blu-ray Disc as its primary storage medium . The console was the first PlayStation to integrate social gaming services , including being the first to introduce Sony 's social gaming service , PlayStation Network , and its remote connectivity with PlayStation Portable and PlayStation Vita , being able to remote control the console from the devices . In September 2009 , the Slim model of the PlayStation 3 was released . It no longer provided the hardware ability to run PS2 games . It was lighter and thinner than the original version , and featured a redesigned logo and marketing design , as well as a minor start-up change in software . A Super Slim variation was then released in late 2012 , further refining and redesigning the console .   The system had a slow start in the market but managed to recover , particularly after the introduction of the Slim model . As of March 2016 , PlayStation 3 has sold 85 million units worldwide , putting it about on par with Xbox 360 , but behind the Wii . Its successor , the PlayStation 4 , was released later in November 2013 . On September 29 , 2015 , Sony confirmed that sales of the PlayStation 3 were to be discontinued in New Zealand , but the system remains in production in other markets . In March 2017 , the official site for PlayStation 3 in Japan was updated to state that it would be discontinued soon .   On 29 May 2017 , the PlayStation 3 was discontinued in Japan , as of 2015 , the PS3 is getting discontinued in certain parts of the world .  The PlayStation 3 will be discontinued worldwide soon .