Sony: PlayStation 3 Price Cut Contributes To £1.3 Billion Loss

PS3 cited as Sony posts massive loss for the end of 2011. Sony has announced huge losses of £1.3 billion for the last calendar quarter (October to December) of 2011. Sony cited decreased sales and the floods in Thailand among the reasons for the loss, but also singled out its LCD television and game businesses as "contributing to the deterioration in operating results". Sony's gaming division ...

Sony PlayStation 3 still has 5 more years, says Hirai

Sony exec Kazuo Hirai has once again said that the PlayStation 3 game console would live out its projected 10-year lifespan, staying on store shelves for another 5 years. However, rumors have been circling that the company has been working on a next-gen console, which could be unveiled at this year’s E3 conference. Early last [...]

Hirai Turns to PlayStation 3 Playbook to Deliver Stringer’s Vision at Sony

When Sony Corp. (6758) ’s 2006 release of PlayStation 3 flopped because features installed by the engineer who founded the business made the games console too expensive, Chief Executive Officer Howard Stringer tapped Kazuo Hirai to turn the division around.

Final Fantasy XIII-2 is a solid sequel

Final Fantasy XIII-2 Square Enix Sony PlayStation 3 (Xbox 360) $59.99 ESRB rating: Teen Review rating: 4.0 stars "Final Fantasy" games are known ...

Struggling Sony names PlayStation vet as CEO

Sony is turning to a new CEO to help the company reinvigorate its TV and electronics business.

Sony PlayStation Vita’s GPS feature will be used in Disgaea 3

Having GPS functionality in Sony’s impending handheld game device will be nice if you’re ever lost on the road or happen to wander off while being immersed in a game. Or, if you’re playing Nippon Ichi’s RPG Disgaea 3, it will allow you to earn discounts on in-game items, gain experience points, and increase your [...]