In this week’s TPoI, PS3 production has officially ceased, Apple reveals App Store earnings to date, and a Twitch streamer allows users to experience the stock market.
Sony Halts PS3 Production in Japan
Back in March, Sony briefly mentioned the possibility of PS3’s production being discontinued. MCV disclosed that the official Japanese PlayStation website stated that shipments for the standard 500GB model have “ended’. A representative from Sony Japan spoke to Kotaku in March, revealing that PS3 shipments in Japan will eventually cease and that the PS3’s production has already terminated. Launched back in November 2006, Polygon thinks the PS3 had a decent run for 10 years, but believes it may have faced difficulty keeping up with its competitor the Xbox 360. Despite the end of the PS3 era, iTechPost anticipates Sony will focus its time and effort in marketing the PS4 and its upcoming titles.
App Store Developer Earnings Exceed $70 Billion
Apple announced that their developer community has earned over $70 billion since the App Store launched in 2008. MacRumors disclosed that App Store downloads have grown over 70 percent in the past year, with the top categories being Gaming, Lifestyle, and Health. One of the biggest drivers of the store’s success was games such as Pokemon GO and Super Mario Run, according to Gamasutra. Forbes is impressed with how well the store is doing, and reports that developers can even respond directly to customer feedback or offer tech support if needed. The App Store numbers are admirable, but TechRadar is curious to see how it stacks up to Google’s Play Store.
Twitch Channel Uses Real Money for Users to Play with Stock Market
Amazon engineer Mike Roberts created the Twitch channel “Stock Stream” and invested $50,000 into the channel to start to allow viewers to invest in whatever they pleased. BusinessInsider reports that Roberts had seen the idea floating around the web for years without much progress, and finally decided to put it in action. TheNextWeb explains that players participate in 5-minute voting rounds, using chat commands to buy or sell a stock. All trades are done on the Robinhood trading app which is used to buy shares. However, if the account falls below $25,000, it will come to a close due to FINRA/SEC regulations. SlashGear finds the concept intriguing and is curious to see how it will pan out. PCGamer finds it to be the strangest Twitch Play ever due to the fact that Roberts is willing to take a huge risk with his own finances.