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Another Stinker From Sony

John Paczkowski in News on October 30, 2009 at 6:51 am PT

Sony’s second quarter was another sorry one marked by the company’s fourth loss in as many quarters. Still, it was smaller than expected.

Exclusive Xbox 360-Netflix Partnership Not So Exclusive Anymore

John Paczkowski in News on October 26, 2009 at 6:22 am PT

So much for Xbox 360’s game console exclusivity on Netflix streaming. This morning, the DVD-by-mail pioneer said that beginning sometime next month, owners of Sony’s PlayStation 3 game consoles will be able to stream movies and TV shows from Netflix.

$100 Off and PS3 Is Still the Most Expensive Console on the Market

John Paczkowski in News on August 18, 2009 at 12:35 pm PT

The PlayStation 3 price cut is a rumor no longer. Hoping to bolster sales in advance of the holiday shopping season, Sony Tuesday announced a new slimmer verison of the game console and slashed $100 off its price.

PS3 Price Cut Tomorrow?

John Paczkowski in News on August 17, 2009 at 2:05 pm PT

“[If the price were any lower] I’d lose money on every PlayStation I make.” So said Sony CEO Sir Howard Stringer last month. And while that remark might seem to preclude a price cut on the PlayStation 3, a price cut might be exactly what we get come tomorrow.

Sony Celebrates 30th Anniversary of Walkman With Lousy Earnings

John Paczkowski in News on July 30, 2009 at 5:24 am PT

More bad news from Sony. This morning the electronics giant posted its second straight quarterly loss and reiterated its forecast for another year of red ink. Clearly, Sony must do more than just slash jobs and suppliers if it ever hopes to regain its position in the market.

Sony Apparently Recovering From Netbookaphobia

John Paczkowski in News on July 8, 2009 at 4:50 am PT

If the netbook market is a race to the bottom, then Sony is bringing up the rear. Not a year after Sony execs disparaged netbooks as undeserving of its premium brand attention, the company announced its token entry into the market: the Vaio W.

Sony Announces Procurement Cost Killzone for PS3

John Paczkowski in News on May 21, 2009 at 5:06 am PT

Facing back-to-back full-year net losses, Sony is taking a hatchet to its fixed costs in a yet another bid to return to profitability. The company plans to halve its roster of suppliers to 1,200, shaving a clean 20 percent off its procurement bill.

Sony Earnings Fall From Ugly Tree, Hit Every Branch on the Way Down

John Paczkowski in News on May 14, 2009 at 5:15 am PT

About the best thing to be said for Sony’s grotesque financial results is that they came in smaller than expected. The company’s 98.9 billion yen ($1 billion) loss for the fiscal year ended March–its first net loss in 14 years–wasn’t nearly as bad as the 150.0 billion yen ($1.57 billion) figure it had predicted in January or even close to the 173.8 billion yen ($1.8 billion) analysts polled by Thomson Reuters had been forecasting.

New for PS3–Price Cut: Countdown to Never

John Paczkowski in News on March 31, 2009 at 3:38 am PT

So those rumors of a PlayStation2 price cut? True. Rumors of a similar cut for the PlayStation 3? Not so much… Confirming recent speculation, Sony this morning said that it’s dropping the price of the PlayStation 2 from $129 to $99.99 as of April 1. But it aggressively dismissed reports of a PS3 price drop as false.

Yeah, and the iPod Wasn't a Threat to the Walkman, Either…

John Paczkowski in News on March 5, 2009 at 3:42 pm PT

Sony doesn’t consider Apple’s iPhone a serious rival to its PlayStation Portable. This according to Sony Computer Entertainment’s Ray Maguire, who says a converged device like the iPhone will always be inferior to a dedicated gaming platform like the PSP.