The PlayStation 2 (abbreviated "PS2") is Sony's second video game console,
the successor to the successful PlayStation and the predecessor to the
PlayStation 3 as part
of the PlayStation series. Its development was announced in March 1999 and it was released
a year later in Japan.
The PS2 is part of the sixth generation era, and is the best-selling console of all time,
having reached over 120 million units in sales in On November 19, 2005, the PS2 became
the fastest game console to reach 100 million units shipped, accomplishing the feat within
5 years and 9 months from its launch. This achievement occurred faster than its predecessor,
the PlayStation, which took "9 years and 6 months since launch" to reach the same benchmark.
Only a few million people had obtained consoles by the end of 2000 due to manufacturing delays.
After its release, it was difficult to find PS2 units on retailer shelves. Another option was
purchasing the console online through auction websites such as eBay, where people paid over $1000
for a PS2. The PS2 initially sold well partly on the basis of the strength of the PlayStation
brand and the console's backward compatibility, selling over 980,000 units by March 5, one day
after launch, in Japan. This allowed the PS2 to tap the large install base established by the
PlayStation — another major selling point over the competition. Later, Sony gained momentum
with new development kits for game developers and more PS2 units for consumers.
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