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PlayStation Boss Heading New Sony Division [Sony] Major changes are going down at Sony. President Ryoji Chubachi is stepping down, and Sony CEO Howard Stringer will take over Chubachi's role as president. The company's PlayStation boss has a new role, too. Sony Computer Entertainment CEO Kaz Hirai will head a new business group that [..] |
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| Sony Trimming More Costs From PlayStation Division [Business] 2009 wasn't the best year for Sony, at least financially. So the Japanese company is looking to trim a little more of its overheads, specifically with the way PlayStation games are distributed. Previously, Sony Computer Entertainment's distribution arm and th [..] |
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| PlayStation Division Loses $2.8 Billion [Blip]
Sony is blaming a price-cut and the 2011 Thai floods for a big loss in the company's PlayStation division, with $2.8 billion walking out the door never to return. PS3 hardware sales were also down. [Sony] More »
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Sony profits sink, game division floats by Filed under: Sony PlayStation 2, Sony PlayStation 3, Sony PSP, Business
With the celebratory horn tooting out of the way, let's turn to Sony's overall quartely results -- a tune, you'll find, that's distinctly grim. A 72 pe [..] |
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| THQ CEO Sees No PlayStation 3 Price Cut At E3 [Sony] If the asking price for Sony's PlayStation 3 is currently too rich for your blood, you may have to wait until later this year for a price drop. Or so thinks THQ boss Brian Farrell. The publishing head honcho said during today's quarterly earnings call that the [..] |
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| Sony Sees India As "Key Development Hub" [India] Sony Compunter Entertainment is looking to India. Makes sense as the country has established itself in the animation industry, so gaming seems like a logical next stop. Says SCEE country manager for India Atindriya Bose: The competence and the state of readiness of the Indian [..] |
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| Sony Boss Sees Wii As "Expensive Niche" [Sony] 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 a [..] |
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