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	<title>Kotaku Australia &#187; howard stringer</title>
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	<link>http://www.kotaku.com.au</link>
	<description>the Gamer&#039;s Guide &#124; Computer and video game news and reviews</description>
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		<title>Sony Starts Push For 3D TVs, 3D PlayStation 3 Games</title>
		<link>http://www.kotaku.com.au/2009/09/sony-starts-push-for-3d-tvs-3d-playstation-3-games/</link>
		<comments>http://www.kotaku.com.au/2009/09/sony-starts-push-for-3d-tvs-3d-playstation-3-games/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 20:40:05 +0000</pubDate>
		<dc:creator>Michael McWhertor</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[playstation 3]]></category>
		<category><![CDATA[ps3]]></category>
		<category><![CDATA[sony]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[televisions]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/?p=354558</guid>
		<description><![CDATA[The PlayStation company is putting its electronics might behind 3D television technology, with the company expected to start selling fancy three-dimensional displays next year&#8212;with 3D PlayStation 3 games being readied to capitalise on the technology.
According to the Financial Times, Sony boss man Sir Howard Stringer will be announcing the company&#8217;s plans to invest in 3D [...]]]></description>
			<content:encoded><![CDATA[<p><a rel="lytebox" href="http://cache.gawker.com/assets/images/kotaku/2009/09/stringer_3d.jpg"><img src="http://cache.gawker.com/assets/images/9/2009/09/500x_stringer_3d.jpg" alt="" class="center" /></a>The PlayStation company is putting its electronics might behind 3D television technology, with the company expected to start selling fancy three-dimensional displays next year&mdash;with 3D PlayStation 3 games being readied to capitalise on the technology.<span id="more-354558"></span></p>
<p>According to the <a href="http://www.ft.com/cms/s/0/093755da-9759-11de-83c5-00144feabdc0.html">Financial Times</a>, Sony boss man Sir Howard Stringer will be announcing the company&#8217;s plans to invest in 3D LCD TVs at the IFA show in Berlin. And he&#8217;ll also be announcing Sony laptop computers, PlayStation 3 games and Blu-ray players that will be compatible with the technology.</p>
<p>With the PS3 already capable of playing 4D games, according to former PlayStation exec Ken Kutaragi, one has to wonder &#8220;Why the step back?&#8221;</p>
<p><a href="http://www.ft.com/cms/s/0/093755da-9759-11de-83c5-00144feabdc0.html">Sony plans to put 3D televisions in homes by the end of next year</a> [FT]</p>
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		<title>Sony Game Business Sales Down 18 Percent</title>
		<link>http://www.kotaku.com.au/2009/07/sony-game-business-sales-down-18-percent/</link>
		<comments>http://www.kotaku.com.au/2009/07/sony-game-business-sales-down-18-percent/#comments</comments>
		<pubDate>Thu, 30 Jul 2009 08:00:00 +0000</pubDate>
		<dc:creator>Brian Ashcraft</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[financials]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[original]]></category>
		<category><![CDATA[ps2]]></category>
		<category><![CDATA[ps3]]></category>
		<category><![CDATA[psp]]></category>
		<category><![CDATA[sony]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/?p=347336</guid>
		<description><![CDATA[ Electronics giant Sony has released its quarterly financial earnings. Like most corporations operating in this sluggish global economy, Sony sales are down.
According to a report issued by the company, &#8220;Game business sales and operating revenue declined 18.0 percent year on year, to &#165;1,053.1 billion.&#8221;
One of the main causes of the hardware sales decrease was [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://cache.gawker.com/assets/images/9/2009/07/thumb160x_b06a9b30ba54d1149d39a4fec7dcd15d.jpg" alt="" class="left" /> Electronics giant Sony has released its quarterly financial earnings. Like most corporations operating in this sluggish global economy, Sony sales are down.<span id="more-347336"></span></p>
<p>According to a report issued by the company, &#8220;Game business sales and operating revenue declined 18.0 percent year on year, to &yen;1,053.1 billion.&#8221;</p>
<p>One of the main causes of the hardware sales decrease was the high appreciation of the yen, stated Sony.</p>
<p>Sony, however, did post an operating loss of &yen;58.5 billion &mdash; an improvement of &yen;66.1 billion. The cause of these lower operating losses were hardware cost reductions as well as increased software sales.</p>
<p>&#8220;We are all firmly committed to leading Sony with the innovative spirit that is embedded in its DNA,&#8221; read a written statement from Sony Chairman, CEO and President Howard Stringer. &#8220;It is a privilege to fight for a great company like Sony, and with the seriousness of purpose that this management team possesses, I know we can succeed in making Sony greater than ever.&#8221;</p>
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		<title>BioWare: Activision&#8217;s PS3 Comment Is &#8220;Silly&#8221;</title>
		<link>http://www.kotaku.com.au/2009/07/bioware-activisions-ps3-comment-is-silly/</link>
		<comments>http://www.kotaku.com.au/2009/07/bioware-activisions-ps3-comment-is-silly/#comments</comments>
		<pubDate>Tue, 14 Jul 2009 08:00:00 +0000</pubDate>
		<dc:creator>Brian Ashcraft</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[activision]]></category>
		<category><![CDATA[bioware]]></category>
		<category><![CDATA[bobby kotick]]></category>
		<category><![CDATA[greg zeschuk]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[ps3]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/?p=344953</guid>
		<description><![CDATA[ After Activision CEO Bobby Kotick expressed his displeasure at Sony for not announcing a price cut, he came back a few weeks later threatening to &#8220;stop supporting&#8221; the console.
Sony honcho Howard Stringer then retorted that a price cut would cause the company to lose money on every PlayStation 3 sold.
Now BioWare co-founder Greg Zeschuk [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://cache.gawker.com/assets/images/kotaku/2009/07/silly_man.jpg" alt="" class="left" /> After Activision CEO Bobby Kotick expressed <a href="http://www.kotaku.com.au/2009/06/activision-ceo-unhappy-no-console-price-chop-announced/">his displeasure</a> at Sony for not announcing a price cut, he came back a few weeks later threatening to <a href="http://www.kotaku.com.au/2009/06/activision-threatens-to-stop-supporting-sony-consoles/">&#8220;stop supporting&#8221;</a> the console.<span id="more-344953"></span></p>
<p>Sony honcho Howard Stringer then <a href="http://www.kotaku.com.au/2009/07/sony-boss-getting-fed-up-with-people-telling-him-the-ps3-is-too-expensive/">retorted</a> that a price cut would cause the company to lose money on every PlayStation 3 sold.</p>
<p>Now BioWare co-founder Greg Zeschuk has entered the fray &mdash; adding his two cents. &#8220;I think it&#8217;s silly to be saying you&#8217;re not going to support Sony,&#8221; says Zeschuk. &#8220;The brand itself is still huge and there are millions of [users] out there.&#8221;</p>
<p>Bobby Kotick is not only the CEO and President of Activision, he also says silly things.</p>
<p><a href="http://www.computerandvideogames.com/article.php?id=219357">BioWare: Activision PS3 comment &quot;silly&quot;</a> [CVG] [<a href="http://7.media.tumblr.com/37te0cuNQn8t5m0cNqF5EMzmo1_400.jpg">Pic</a>]</p>
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		<title>Sony Boss Fed Up With People Telling Him The PS3 Is Too Expensive</title>
		<link>http://www.kotaku.com.au/2009/07/sony-boss-getting-fed-up-with-people-telling-him-the-ps3-is-too-expensive/</link>
		<comments>http://www.kotaku.com.au/2009/07/sony-boss-getting-fed-up-with-people-telling-him-the-ps3-is-too-expensive/#comments</comments>
		<pubDate>Wed, 08 Jul 2009 05:30:00 +0000</pubDate>
		<dc:creator>Luke Plunkett</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bobby kotick]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[ps3]]></category>
		<category><![CDATA[sony]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/?p=344100</guid>
		<description><![CDATA[Few weeks back, Activision boss Bobby Kotick had some strong words to say about the price of the PS3. Today, Sony boss Sir Howard Stringer has some strong words for people bugging him about a PS3 price cut.
Responding to Kotick&#8217;s threats that Activision may &#8220;stop supporting&#8221; Sony consoles, Stringer says, &#8220;He likes to make a [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://cache.gawker.com/assets/images/kotaku/2009/07/howardunhappy.jpg" alt="" class="left" />Few weeks back, Activision boss Bobby Kotick <a href="http://www.kotaku.com.au/2009/06/activision-threatens-to-stop-supporting-sony-consoles/">had some strong words to say about the price of the PS3</a>. Today, Sony boss Sir Howard Stringer has some strong words for people bugging him about a PS3 price cut.<span id="more-344100"></span></p>
<p>Responding to Kotick&#8217;s threats that Activision may &#8220;stop supporting&#8221; Sony consoles, Stringer says, &#8220;He likes to make a lot of noise. He&#8217;s putting pressure on me and I&#8217;m putting pressure on him. That&#8217;s the nature of business.&#8221;</p>
<p>Stringer was equally blunt to anyone else banging on about the price of the PS3, telling a Reuters reporter asking about the logic of not cutting the console&#8217;s price &#8220;I (would) lose money on every PlayStation I make &mdash; how&#8217;s that for logic.&#8221;</p>
<p>No need to get so touchy, Sir Howard. It&#8217;s not <em>your </em>fault. Just blame Ken Kutaragi! Problem. Solved.</p>
<p><a href="http://www.reuters.com/article/technologyNews/idUSTRE5670C120090708?feedType=RSS&amp;feedName=technologyNews">Sony CEO dismisses price cut chatter on PlayStation</a> [Reuters]</p>
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		<title>Sony&#8217;s Expanded PlayStation Network May Debut Spring 2010</title>
		<link>http://www.kotaku.com.au/2009/06/sonys-expanded-playstation-network-may-debut-spring-2010/</link>
		<comments>http://www.kotaku.com.au/2009/06/sonys-expanded-playstation-network-may-debut-spring-2010/#comments</comments>
		<pubDate>Fri, 26 Jun 2009 00:00:16 +0000</pubDate>
		<dc:creator>Michael McWhertor</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[kaz hirai]]></category>
		<category><![CDATA[playstation network]]></category>
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		<category><![CDATA[sony]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/?p=342709</guid>
		<description><![CDATA[Sony CEO Howard Stringer and his underlings have been teasing an expanded, product line-wide PlayStation Network for years. That broader service, leaping from the PSP and PlayStation 3 to Sony branded televisions and other gadgets, might hit next year.
According to a Fortune report, it was PlayStation boss Kaz Hirai that said the bigger PlayStation Network [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://cache.gawker.com/assets/images/kotaku/2009/06/psn_moon.jpg" alt="" class="left" />Sony CEO Howard Stringer and his underlings have been teasing an expanded, product line-wide PlayStation Network for years. That broader service, leaping from the PSP and PlayStation 3 to Sony branded televisions and other gadgets, might hit next year.<span id="more-342709"></span></p>
<p>According to a Fortune report, it was PlayStation boss Kaz Hirai that said the bigger PlayStation Network should rear its head next Spring. The service is said to make Sony devices &#8220;talk to each other efficiently,&#8221; according to Stringer, that it will make it easier to handle digital camera images, edit video, share content and store whatever it is you download from a Sony device.</p>
<p>Fortune also reports that Sony has designs on making acquisitions that would &#8220;accelerate the effort,&#8221; but plans to &#8220;start small&#8221; and roll out the new PlayStation Network over time.</p>
<p><a href="http://money.cnn.com/2009/06/24/technology/sony_digital_transformation.fortune/index.htm?postversion=2009062510">Sony: Lost in transformation</a> [Fortune/CNN Money]</p>
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		<title>Sony CEO Approved By Sony Board Of Directors</title>
		<link>http://www.kotaku.com.au/2009/06/sony-ceo-approved-by-sony-board-of-directors/</link>
		<comments>http://www.kotaku.com.au/2009/06/sony-ceo-approved-by-sony-board-of-directors/#comments</comments>
		<pubDate>Mon, 22 Jun 2009 09:00:00 +0000</pubDate>
		<dc:creator>Brian Ashcraft</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[kaz hirai]]></category>
		<category><![CDATA[sony]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/?p=342116</guid>
		<description><![CDATA[The Sony Board of Directors have approved 15 directors, including American Howard Stringer. Besides acting as chairman and chief executive, Stringer is taking an another title &#8212; president &#8212; as announced last February.
Over 8,000 investors were in attendance at the annual shareholders meeting in Tokyo. Stringer told investors that the company was trying to streamline [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://cache.gawker.com/assets/images/kotaku/2009/06/giant_stringer.jpg" alt="" class="left" />The Sony Board of Directors have approved 15 directors, including American Howard Stringer. Besides acting as chairman and chief executive, Stringer is taking an another title &mdash; president &mdash; as announced last February.<span id="more-342116"></span></p>
<p>Over 8,000 investors were in attendance at the annual shareholders meeting in Tokyo. Stringer told investors that the company was trying to streamline business. For example, Sony Computer Entertainment CEO Kaz Hirai will head a new business group that brings together Sony&#8217;s mobile electronics and personal computers.</p>
<p>&#8220;This reorganization is designed to transform Sony into a more innovative, integrated and agile global company,&#8221; said Stringer earlier this year. These changes and reorganization &#8220;will now make it possible for all of Sony&#8217;s parts to work together.&#8221;</p>
<p>Sony has been posting enormous losses due to a strong yen, global economic slump and competition from rival companies like Apple and Samsung.</p>
<p><a href="http://www.japantoday.com/category/business/view/sony-shareholders-approve-new-management">Sony shareholders approve new management</a> [Japan Today] [<a href="http://www.aishamusic.com/images/howard-stringer-3-28-09.jpg">Pic</a>]</p>
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		<title>PS3 To Become &#8220;A Platform For Web Services&#8221;, PSN Coming To Other Devices</title>
		<link>http://www.kotaku.com.au/2009/05/ps3-to-become-a-platform-for-web-services-psn-coming-to-other-devices/</link>
		<comments>http://www.kotaku.com.au/2009/05/ps3-to-become-a-platform-for-web-services-psn-coming-to-other-devices/#comments</comments>
		<pubDate>Mon, 11 May 2009 08:30:00 +0000</pubDate>
		<dc:creator>Luke Plunkett</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[ps3]]></category>
		<category><![CDATA[psn]]></category>
		<category><![CDATA[sony]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/?p=336936</guid>
		<description><![CDATA[ Looks like Sony&#8217;s move away from physical media isn&#8217;t just being confined to the PSP, with Sony boss Sir Howard Stringer indicating that the PlayStation 3 is also moving towards online delivery.
Of course, you can already buy games and other content online via the PlayStation Network &#8211; and have been able to do so [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://cache.gawker.com/assets/images/kotaku/2009/05/howardusher.jpg" alt="" class="left" /> Looks like Sony&#8217;s move away from physical media <a href="http://www.kotaku.com.au/2009/04/sony_patapon_2_going_digital_as_a_test_case-2/">isn&#8217;t just being confined to the PSP</a>, with Sony boss Sir Howard Stringer indicating that the PlayStation 3 is also moving towards online delivery.<span id="more-336936"></span></p>
<p>Of course, you can already buy games and other content online via the PlayStation Network &#8211; and have been able to do so since the console&#8217;s launch &#8211; but the wording of Stringer&#8217;s statement suggests that Sony will be going much farther with the whole thing than just offering the odd artsy game for $US10.</p>
<p>&#8220;We developed brand new, absolutely incredible technology for the PlayStation 3 (PS3), but the cost was high,&#8221; Stringer told Nikkei Electronics Asia. &#8220;We&#8217;ve adopted a slightly different approach now, and are evolving the PS3 into a platform for web services&#8221;.</p>
<p>&#8220;&#8230;Sony has begun the transition from a closed system to an open one,&#8221; he continues. &#8220;Next we will be expanding the PlayStation Network to hardware other than the PS3, because the number of PS3 units sold puts a limit on the scale of the network possible. Sony has a vertical structure for each product line, an organisational structure that resists change, so it will take time to achieve this network growth. However, a large number of employees share my opinion on this&#8221;.</p>
<p><em>Potentially</em> big news, that. In recent months, Sony has begun the long, hard task of &#8220;centralising&#8221; all of their hardware, rolling out features like the XMB user interface and online connectivity across much of Sony&#8217;s lineup, DVD players to cameras.</p>
<p>How long, I wonder, til we see Bravia televisions coming with a control pad and access to the PSN?</p>
<p><a href="http://techon.nikkeibp.co.jp/article/HONSHI/20090427/169423/?P=1">Sony Chairman, CEO Howard Stringer</a> [NEA, via <a href="http://www.edge-online.com/news/sony-ceo-talks-ps3%E2%80%99s-evolution">Edge</a>] [<a href="http://www.flickr.com/photos/internationalces/3181435356/sizes/l/">image credit</a>]</p>
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		<title>Sony Revises Earnings Forecast, Game Revenue Down</title>
		<link>http://www.kotaku.com.au/2009/01/sony_revises_earnings_forecast_game_revenue_down-2/</link>
		<comments>http://www.kotaku.com.au/2009/01/sony_revises_earnings_forecast_game_revenue_down-2/#comments</comments>
		<pubDate>Thu, 22 Jan 2009 05:30:00 +0000</pubDate>
		<dc:creator>Brian Ashcraft</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[original]]></category>
		<category><![CDATA[ps3]]></category>
		<category><![CDATA[sony]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/games/2009/01/sony_revises_earnings_forecast_game_revenue_down-2.html</guid>
		<description><![CDATA[
Sony has announced a revision of its consolidated forecast for the fiscal year ending March 31, 2009. How&#8217;s the gaming division doing? 


While the company is forecasting &#165;260 billion (US$2.95 billion) in operating income losses and &#165;150 billion ($1.68 billion) in net income loses. 
According to Sony, &#8220;In the Game segment, operating income (loss) is [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://cache.gawker.com/assets/images/kotaku/2009/01/entertaining_the_future.jpg" /></p>
<p>Sony has announced a revision of its consolidated forecast for the fiscal year ending March 31, 2009. How&#8217;s the gaming division doing? </p>
<p><!-- Gawker Tags/Categories: entertaining the future, business, howard stringer, original, playstation 3, ps3, sony --><br />
<span id="more-323832"></span>
<p>While the company is forecasting &yen;260 billion (US$2.95 billion) in operating income losses and &yen;150 billion ($1.68 billion) in net income loses. </p>
<p>According to Sony, &#8220;In the Game segment, operating income (loss) is expected to be lower by approximately &yen;30 billion. Of this, approximately &yen;15 billion is due to the impact of the appreciation of the yen and approximately &yen;15 billion is due to lower-than-expected sales.&#8221;</p>
<p>Lower than expected revenue is also expected in Sony&#8217;s motion picture business, and the economic slowdown has hit Sony electronics as well. </p>
<p>So lower than expected sales and yen appreciation are driving down the company&#8217;s gaming division. It should be noted that this is merely a forecast and that Sony says such a forecast is subjected to &#8220;uncertainty and changes.&#8221; </p>
<p>The foreign currency rates, which have fluctuated, were pegged at &yen;90 to the US dollar.</p>
<p><img src="http://cache.gawker.com/assets/images/kotaku/2009/01/sony_forecast_march.jpg" width="807" height="555" /><br /> [<a href="http://www.richterscale.org/images/20060105-IMG_2775-StringerSony-320.jpg">Pic</a>]</p>
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		<title>Sony To Cut 2,000 Employees, Kill TV Plants In Japan</title>
		<link>http://www.kotaku.com.au/2009/01/sony_to_cut_2000_employees_kill_tv_plants_in_japan-2/</link>
		<comments>http://www.kotaku.com.au/2009/01/sony_to_cut_2000_employees_kill_tv_plants_in_japan-2/#comments</comments>
		<pubDate>Wed, 21 Jan 2009 21:20:49 +0000</pubDate>
		<dc:creator>Michael McWhertor</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[layoffs]]></category>
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		<category><![CDATA[ps3]]></category>
		<category><![CDATA[sony]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/games/2009/01/sony_to_cut_2000_employees_kill_tv_plants_in_japan-2.html</guid>
		<description><![CDATA[
Sony head honcho Howard Stringer will announce on Thursday plans to eliminate 2,000 full-time jobs and close two television manufacturing plants in the face of a projected $1.1 billion loss, reports Japan&#8217;s Nikkei Daily.


Potentially more painful to Stringer is a reported plan to cut managerial and executive bonuses for the year.
Nikkei reports that the 2,000 [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://cache.gawker.com/assets/images/kotaku/2009/01/howie.jpg" /></p>
<p>Sony head honcho Howard Stringer will announce on Thursday plans to eliminate 2,000 full-time jobs and close two television manufacturing plants in the face of a <a href="http://www.kotaku.com.au/games/2009/01/sony_expected_to_post_first_loss_in_14_years-2.html">projected $1.1 billion loss</a>, reports Japan&#8217;s Nikkei Daily.</p>
<p><!-- Gawker Tags/Categories: howard stringer, news, playstation, playstation 3, ps3, sony --><br />
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<p>Potentially more painful to Stringer is a reported plan to cut managerial and executive bonuses for the year.</p>
<p>Nikkei reports that the 2,000 jobs Sony will cut at home &mdash; a fraction of the 16,000 positions it plans to eliminate worldwide &mdash; will be done through attrition, by leaving jobs vacated by retirement or resignation unfulfilled. The cuts are expected to be complete by the end of the company&#8217;s fiscal year.</p>
<p>No word yet on how this may affect Sony&#8217;s PlayStation business, as it&#8217;s the Japanese giant&#8217;s electronics endeavours that are currently dragging the company down hardest.</p>
<p>Sony&#8217;s hi-def console competitor Microsoft is also <a href="http://www.kotaku.com.au/games/2009/01/maybe_microsoft_will_fire_some_people_like_8000_people-2.html">reported to be on the receiving end of cut backs</a>, with analysts projecting between 6,000 and 8,000 staffers let go. We expect to hear more from both parties later in the day.</p>
<p><a href="http://uk.reuters.com/article/technology-media-telco-SP/idUKN2130004620090121?feedType=RSS&#038;feedName=technology-media-telco-SP">Sony to shut Japan TV plant, cut 2,000 jobs-Nikkei</a> [Reuters]</p>
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		<title>Sony Boss: Wii Took Our Market, But It&#8217;s OK</title>
		<link>http://www.kotaku.com.au/2008/08/sony_boss_wii_took_our_market_but_its_ok/</link>
		<comments>http://www.kotaku.com.au/2008/08/sony_boss_wii_took_our_market_but_its_ok/#comments</comments>
		<pubDate>Fri, 29 Aug 2008 02:20:00 +0000</pubDate>
		<dc:creator>Luke Plunkett</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[howard stringer]]></category>
		<category><![CDATA[playstation 3]]></category>
		<category><![CDATA[sir howard stringer]]></category>
		<category><![CDATA[sony]]></category>

		<guid isPermaLink="false">http://www.kotaku.com.au/games/2008/08/sony_boss_wii_took_our_market_but_its_ok.html</guid>
		<description><![CDATA[Speaking with German site Welt Online, Sony President Sir Howard Stringer has spoken at length on the PlayStation 3. On how it&#8217;s probably not going to see a price-cut in 2008, on how it cost more money to develop than they&#8217;ll ever make back in his lifetime, on how game sales will offset that loss. [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://kotaku.com/assets/images/kotaku/2008/08/stringerhanks.jpg" class="postimg center" style="display:block;float:none;" />Speaking with German site Welt Online, Sony President Sir Howard Stringer has spoken at length on the PlayStation 3. On how it&#8217;s probably not going to see a price-cut in 2008, on how it cost more money to develop than they&#8217;ll ever make back in his lifetime, on how game sales will offset that loss. But most interesting of his comments come when asked to compare Nintendo&#8217;s top-selling Wii to the PS3, where he replies:</p>
<blockquote><p>It&#8217;s a different experience. The Wii is a well-made device that has found a new target group. For a while, we held the same target group with the SingStar karaoke game. But perhaps we neglected to pursue that avenue. Playstation games are rather designed for those who play a lot. Although it&#8217;s a different strategy, it pays off.</p></blockquote>
<p>Of course you neglected to pursue that avenue. Phil Harrison &#8211; the guy who was pushing SingStar, and EyeToy, and Buzz! &#8211; didn&#8217;t leave for Atari for the <em>prestige</em>.</p>
<p><a href="http://www.welt.de/english-news/article2358382/Future-of-Sony-Ericsson-uncertain.html">Future of Sony Ericsson uncertain</a> [Welt Online] [<a href="http://flickr.com/photos/internationalces/2050051303/sizes/o/">Image</a>]</p>
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