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The PlayStation 3 trademarked PLAYSTATION®3,commonly abbreviated PS3 is the third home video game console produced by Sony Computer Entertainment and the successor to the PlayStation 2. The PlayStation 3 competes with Microsoft's Xbox 360 and Nintendo's Wii as part of the seventh generation of video game consoles. In sales and market share, it is currently in third place. The system was first released on November 11, 2006, in Japan and on November 17, 2006 in the United States. Its primary storage media is the Blu-ray Disc, though it also supports DVDs, CDs, and SACDs. It can output high-definition video for both video games and movies in up to 1080p resolution.