John Paczkowski

Recent Posts by John Paczkowski

Sony: Seriously, Denial Is Just a River in Egypt

Nintendo surpassed consumer electronics behemoth Sony in market capitalization for the first time ever last month, underscoring the phenomenal success its Wii gaming console has enjoyed at the expense of Sony’s PlayStation 3. Little wonder then, that in the run-up to the E3 video-gaming conference next week, we’re hearing talk of a PS3 price cut.

Word around the campfire is that Sony, which has been discussing “refinements” to the PS3’s price, will drop it to $499.99 from $599.99 on July 12.

Sony, of course, denies this. “We have no immediate plans as of now” for price cuts, President Ryoji Chubachi said today, noting that previous iterations of the console also had inauspicious beginnings at market. “If you take a look at how PlayStation and PlayStation 2 have taken off, this is not such an unusual start.” True. When its PlayStation 2 gaming console debuted in 2000, Sony posted an ugly loss. But by 2003, when component costs had dropped and game sales increased, the company’s PlayStation business accounted for about 10% of Sony’s revenue and 68% of its profit.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work