The PlayStation 3 (PS3), released by Sony Computer Entertainment in November 2006 (Japan) and March 2007 (Europe/Australasia), was a pioneering seventh-generation console that competed with the Xbox 360 and Wii. It was built around the custom Cell Broadband Engine processor and made history as the first console to use Blu-ray discs, feature an HDMI port, and output games in 1080p resolution. Despite its technological ambition, the PS3 launched with a mixed reception due to its steep $599 price tag and complex architecture, though its Blu-ray support helped Sony win the high-definition format war against HD DVD. Sony's fortunes improved with the release of the PS3 Slim (2009) and Super Slim (2012) revisions, alongside price cuts and a strong game library, ultimately selling 87.4 million units and over 1 billion games. The console's successor, the PlayStation 4, arrived in November 2013, with final PS3 production ending in Japan on May 29, 2017.