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Why Robin Makes Batman Better Electronics giant Sony has released its quarterly financial earnings. Like most corporations operating in this sluggish global economy, Sony sales are down.
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 “stop supporting” the console.
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.
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.
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 — president — as announced last February.
Looks like Sony’s move away from physical media isn’t just being confined to the PSP, with Sony boss Sir Howard Stringer indicating that the PlayStation 3 is also moving towards online delivery.
Sony has announced a revision of its consolidated forecast for the fiscal year ending March 31, 2009. How’s the gaming division doing?
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’s Nikkei Daily.
Speaking with German site Welt Online, Sony President Sir Howard Stringer has spoken at length on the PlayStation 3. On how it’s probably not going to see a price-cut in 2008, on how it cost more money to develop than they’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’s top-selling Wii to the PS3, where he replies:
It’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’s a different strategy, it pays off.
Of course you neglected to pursue that avenue. Phil Harrison – the guy who was pushing SingStar, and EyeToy, and Buzz! – didn’t leave for Atari for the prestige.
Future of Sony Ericsson uncertain [Welt Online][Image]
Sony boss Howard Stringer loves the PS3. Has to. But the Wii? Sony don’t make the Wii. So all bets are off, and Sir Howard can hate on it to his heart’s content. Speaking in Sun Valley, Idaho last week, Stringer said of Nintendo’s console:
I’ve played a Nintendo Wii. I don’t see it as a competitor. It’s more of an expensive niche game device. We’re selling a lot of PlayStation 3s now and it’s still the best way to buy a Blu-ray player.
I’ve heard the Wii called a lot of things over the past two years, but “expensive niche game device” is definitely a new one. Well done, Howard!
Sony’s PlayStation 3 Gaining Ground on Xbox With Games, Blu-Ray [Bloomberg][Pic]
