Sony's European PlayStation boss Jim Ryan has said that, with the only just hitting the 199 GBP mark, there is still plenty of unfinished business with the machine.

Despite believing the PS3 still having more to give, Ryan also said that the needs to be released around the same time as the competition.

Ryan said: "There's still a lot of unfinished business on PS3. If you look at PlayStation 2, now in excess of 150m units installed globally, a huge majority of that was done at price points of 120 or lower. [With PS3] we've only just hit 199 in the UK, so clearly there's a considerable untapped part of the market there."

It is believed that there are games in for the successor to both the and the PlayStation 3.

Thanks Eurogamer.

By Ewan Aiton