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Why Sony Needs to Stop Drinking its own Kool-Aid

350°
305w ago - Sony is in deep trouble. The company has been forced to slash its earnings forecast by 57 percent amid deteriorating economic conditions and its inability to compete more effectively in markets throughout the world.

Of course, Sony will still post a profit--most analysts claim that it'll be about $500 million--but the downturn speaks to Sony's issues and the fact that this once-dominant company has been downgraded to an also-ran in the industry.

Remember the days of Sony dominance? It was a time when the Walkman was on the minds of tech lovers around the world and the PlayStation moniker was held in the highest regard. Sony TVs were everywhere, and the company's ability to capitalize on any market was truly astounding.

But since then, Sony has lost its way. It's no longer a company that can rely on its name to beat other companies to a pulp, and with more competitors realizing how to beat Sony, it has quickly become irrelevant in many markets.

Sony's presence in the digital-camera sector is suspect, and its gaming business, once one of the most profitable departments at the company, has become an embarrassment of epic proportions. Although its PlayStation Portable is expected to beat forecasts, the Playstation 3 has proven to be one of the biggest blunders the company has ever...
 

Penny Arcade Adventures hits PlayStation Network on October 23

50°
306w ago - Anxious fans and PS3 owners, the wait is almost over! Hothead today announced that its well-received Penny Arcade Adventures: On the Rain-Slick Precipice of Darkness, Episode One will arrive at PSN for download on October 23 in North America (other regions to follow shortly thereafter).

The PSN version of Episode One features newly-implemented PlayStation 3 system features such as trophies, score ranking and background music (BGM) support and will sell at $14.99 USD, representing a greater value to gamers than ever before.

Press Release: PENNY ARCADE GAME LAUNCH AND PRICING CONFIRMED FOR PLAYSTATION®3 SYSTEM

"Episode One" To Slide onto PLAYSTATION®Network October 23

Oct. 21, 2008 - Anxious fans and PLAYSTATION®3 computer entertainment system owners, the wait is almost over! Hothead today announced that its well-received Penny Arcade Adventures: On the Rain-Slick Precipice of Darkness, Episode One will arrive on the PLAYSTATION®Network for download on October 23 in North America (other regions to follow shortly thereafter).

The PLAYSTATION Network version of Episode One features newly-implemented PLAYSTATION 3 system features such as trophies, score ranking and background music (BGM) support and will sell at $14.99 USD, representing a greater value to gamers than...
 

Japanese Hardware Sales Slump Hits PlayStation 3 Hard

100°
306w ago - Man, things are tough all over. This week's Media Create sales charts show that Japanese gamers basically took the week off from buying hardware. It's possible they were simply concerned about the volatility of the global market, as the softer side of sales failed to blow our socks off, too.

More surprising is the stagnation of PlayStation 3 hardware, which is actually selling some games (Aquanaut's Holiday, Eternal Sonata) but places well behind the Xbox 360. Crazy, crazy days.

• Nintendo DS - 31,914
• PSP - 23,901
• Wii - 22,877
• Xbox 360 - 7,763
• PlayStation 2 - 6,982
• PlayStation 3 - 5,734
 

Ship Dates Announced for Rock Band 2, Hits PS3 on October 19th

50°
306w ago - Rock Band 2 was released on the XBox 360 on September 14, 2008 with an exclusive launch window in North America. Today it was announced that Rock Band 2 for the PS3 will be available on October 19, 2008.

In addition, Rock Band 2 for the PS2 and Wii will ship in December 2008. The Rock Band 2 Special Edition Bundle for the XBox 360 will also be available on retail shelves October 19, 2008.

Press Release: MTV Games, Harmonix and Electronic Arts Announce Ship Dates for Rock Band® 2 Coming to PLAYSTATION®3 System, PlayStation®2 System and WiiTM

Harmonix, the world's premier music video game development company, and MTV Games, a part of Viacom's MTV Networks (NYSE: VIA, VIA.B), along with distribution partner Electronic Arts Inc. (NASDAQ: ERTS), today announced that Rock Band® 2 for the PLAYSTATION®3 computer entertainment system will be available on October 19, 2008. In addition, Rock Band 2 for the PlayStation®2 computer entertainment system and the Wiiâ„¢ home videogame console from Nintendo will ship in December 2008.

In addition, the Rock Band 2 Special Edition Bundle for the Xbox 360® video game and entertainment system from Microsoft will also be available on retail shelves October 19, 2008.

Rock Band 2 Shipping and Pricing Information:

October...
 

SOE Opens Its Bag of Tricks to Online Community this October

50°
306w ago - Sony has announced it's online titles will host a variety of in-game Halloween events including EverQuest II's Nights of the Dead and more.

Press Release: GAMERS BEWARE: SONY ONLINE ENTERTAINMENT OPENS ITS BAG OF TRICKS TO THE ONLINE COMMUNITY THIS OCTOBER

Online Titles to Host Variety of In-Game Halloween Events Including EverQuest® II 's Nights of the Dead and First-Ever Star Wars GalaxiesTM Galactic Moon Festival

WHAT:
Sony Online Entertainment (SOE) conjures ghosts, ghouls and goblins for the gamer community in a variety of in-game events themed around Halloween. This October, EverQuest®, EverQuest® II, Star Wars Galaxies, Legends of Norrathâ„¢, Vanguard Saga of Heroesâ„¢, EverQuest® Online Adventures and The Matrix Online players can celebrate All Hallows Eve by participating in themed quests, donning avatar costumes and masks, and trick-or-treating for loot and candy!

In-game events are as follows:

EverQuest®: The lands of Norrath have been overridden with mystery, magic and mayhem. Help the inhabitants of Greater Faydark weed the Necromancer's Garden of the horrible sprouting skulls that have taken root there. Assist farmers in West Karana subdue the spooks in a Scarecrow Roundup. Rewards will go to all who succeed in combating these episodes of...
 
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