Sony: 70% sales growth YoY for PS3; receives 17 VGA nominations

SCEA has announced that it has seen a 70 percent growth in sales for PS3 when compared to October 2008, making it "the only console to experience significant growth year over year".

According to a statement from Sony, October also marked the "highest month of revenue on record for the PlayStation Store, with downloads increasing 60 percent over October 2008." To date, more than 650 million bits of content have been downloaded worldwide and there are more than 31 million registered users for PSN.

"Many believe a console race is a 100-meter dash, but it's really a marathon. The PS3's ten-year lifecycle is clear testament of Sony's commitment to providing entertainment value to consumers," said EEDAR's Jesse Divnich. "PS3’s growth in recent months is a perfect example of how a new low price along with upcoming innovative, exclusive titles such as MAG, Gran Turismo 5 and God of War III, will act as large catalysts for driving the PS3's install base even higher.

"Add in the robust offerings on the PlayStation Network and there's no doubt that PS3's success will continue well throughout 2010, and beyond."

Sony received 17 nominations for the 2009 Spike Videogame Awards today which according to the company is "more than any other first or third party publisher".