The PlayStation's success led to a line of successors, beginning with the PlayStation 2 in 2000.

Its use of compact discs heralded the game industry's transition from cartridges. It received acclaim and sold strongly in less than a decade, it became the first computer entertainment platform to ship over 100 million units. The PlayStation signalled Sony's rise to power in the video game industry.

A total of 3,061 PlayStation games were released, with cumulative sales of 967 million units. PlayStation games continued to sell until Sony ceased production of the PlayStation and its games on 23 March 2006-over eleven years after it had been released, and less than a year before the debut of the PlayStation 3. Premier PlayStation franchises included Gran Turismo, Crash Bandicoot, Spyro, Tomb Raider, Metal Gear, Tekken, and Final Fantasy, all of which spawned numerous sequels. The console proved popular for its extensive game library, popular franchises, low retail price, and aggressive youth marketing which advertised it as the preferable console for adolescents and adults. PlayStation game production was designed to be streamlined and inclusive, enticing the support of many third-party developers. An emphasis on 3D polygon graphics was placed at the forefront of the console's design. The console was primarily designed by Ken Kutaragi and Sony Computer Entertainment in Japan, while additional development was outsourced in the United Kingdom. Sony began developing the PlayStation after a failed venture with Nintendo to create a CD-ROM peripheral for the Super Nintendo Entertainment System in the early 1990s.

As a fifth-generation console, the PlayStation primarily competed with the Nintendo 64 and the Sega Saturn. It was released in Japan on 3 December 1994, in North America on 9 September 1995, in Europe on 29 September 1995, and in Australia on 15 November 1995. The PlayStation (abbreviated as PS, commonly known as the PS1/PS one or its codename PSX) is a home video game console developed and marketed by Sony Interactive Entertainment. Lightspan Online Connection CD (third-party).i-mode Mobile Phone Connection Cable (Japan only).

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