If you are looking for a gift, Sony Playstation 3 will make the recipient ever so grateful to you. Since Sony officially announced the release of Playstation 3 in May 2006, it had fascinated both the young and the old alike since then. This is the third in the Playstation series and one can expect many more features to come. This is also known as the seventh generation video games console in the industry. The structure of Playstation 3 incorporates many successful standards established by the original Playstation and the Sony Playstation 2. Both - Playstation and the Playstation 2 are two consoles that were market leaders until succeeded by later versions. However, Sony Playstation 3 offers the user some excellent new options and features that clearly differentiate Sony Playstation 3 from its predecessors. There is yet to find a matching competition to Sony Playstation 3. At present Sony has relatively unchallenged dominance in the console market.

The exterior design of the Sony Playstation 3 console is similar in size but somewhat squarer than that of the Sony PS2. It can be played in either in a horizontal position or in a vertical position. Placed horizontally on a table, the Playstation 3 is almost like a square. It comes in a casing, which is silvery gray plastic, and it has a smooth, simple aesthetic appearance. Only the disc drawer is plainly visible along its front. The four USB ports are hidden behind a front panel.

The Playstation 3 has the unique distinction of having the cell processor developed by three giants. IBM being the computer giant teamed with two of the electronic market giants Toshiba and Sony to produce the Playstation 3-cell processor. The Playstation 3 has in it eight SPE's or Synergistic Processing Elements. The eighth Synergistic Processing Element is for "redundancy" which facilitates the dynamic handing of Sony Playstation 3 multiple operations. Nvidia together with Sony co-developed the RSX GPU of Playstation 3 to produce the stunning graphics. Interestingly, in the Playstation 3 the console comes with a 256MB of XDR RAM for use by the CPU, and also has a 256MB of GDDR3 VRAM for use by the graphics chip.

Another co-development by Toshiba and Sony that is seen in the Sony Playstation 3 is that games can be written to DVD or Blue-ray discs (BDs) in the higher density format. The PS3 is backwards compatible meaning all Sony PS2 and its predecessor the original Playstation games can be played well on it. Another remarkable feature of Sony PS3 is that it can read and play audio, video, and other files from a range of modern media formats, including CDs, DVDs, and BDs.

Another notable feature in the Playstation 3 is the Bluetooth facility and the presence of Ethernet ports in its console to enable IEE 802.11 b/g Wi-Fi communication possibility. This facilitates the Sony PS3 to access internet games, online chats, and download anything while playing games on the console. The Sony PS3 has been manufactured as to be compatible to other modern electronic devices. The console also reads Memory Stick, SD, and Compact Flash memory, providing opportunities for any cross-platform file sharing and other communications between the Sony PS3 and the Playstation Portable.