Things aren't looking too bright for Sony's Playstation3. Not long after CNN called the console a sinking ship, the Wall Street Journal is now following with word that chances of it having a comeback are getting slimmer by the minute.

It certainly doesn't look good for the PS3. With the global financial crisis making havoc, people are spending less and when they have to pull money out of their wallet for a console, it's clear the PS3s high price is too much compared to that of the Wii or Xbox360.

In other news: