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Samsung Exec: Sony Set to Slash Prices on TVs & PlayStations

100°
281w ago - According to Smarthouse.com.au (linked above), a senior executive at Samsung has revealed that after Sony's reported $390M Loss they are desperate to shift stock and price cuts are imminent.

Targeted areas include Sony Bravia TV's, Blu-ray players and their Sony PlayStation 3 consoles.

To quote: "The news that Sony is set to slash prices has already leaked out to their competitors, with Mark Leathan the marketing manager of Samsung's consumer electronics division confirming that they have also been told that Sony is set to make savage price cuts."

With GamesCon and the Tokyo Game Show coming up, there are a lot of opportunites for Sony to announce a price drop or a new model indeed!
 

Sony Estimates the Number of Actual PlayStation Network Users

100°
281w ago - During Sony's quarterly earnings report, there was a Q&A held between Sony executives and market analysts, and Robert Wiesenthal - Executive Vice President and Chief Financial Officer of Sony America - revealed, to quote:

"I think right now close to half of our users have opted to sign up to the [PlayStation] network, and I think it's running on track, and we are expecting really great things this year from it".

Not an exact statistic, sure, but it gives us a rough idea. There are 23 million PS3 consoles out there. If "close to half" of all PS3 users have signed up, that gives us around 11 million people actually signed up to the PSN on their PS3's.

Not sure whether he also included the PSP in that statement, but seeing as online use hasn't been as important for that system to date, we'd say he's not.

All in all, that's a pretty healthy number!
 

Sony Posts $390M Loss as Bravia TV and PlayStation Sales Slump

100°
282w ago - According to Bloomberg, today Sony Corporation has reported a second straight quarterly loss as the stronger yen pushed the company further behind Samsung Electronics Company in television sales, and the global recession drove down demand for videogame machines.

The net loss was 37.1 billion yen ($390 million) in the quarter ended June 30, compared with profit of 35 billion yen a year earlier.

To quote: The result beat estimates after Chief Executive Officer Howard Stringer cut jobs and shut factories to revive a company that's lost its lead to Samsung in TVs, Nintendo Co. in game players and Apple Inc. in portable media players.

Pressure is building for Stringer to prove he can increase Sony's sales, not just reduce expenses, by slashing jobs and suppliers, according to investors such as Yasuhiko Hirakawa.

"Cost cutting and reshuffling of management may help mend unprofitable businesses but they won't make Sony competitive against Samsung and other rivals," said Hirakawa, a Tokyo-based fund manager at DIAM Co., which oversees $80 billion in assets.

"The brand is still highly regarded but that won't last forever."
 

Sony PlayStation Store Update for July 23, 2009

200°
282w ago - PlayStation Store Senior Manager Grace Chen is back with this week's PSN update, as follows:

Hi Everyone - It's time for the weekly PlayStation Store Update.

Downloadable Games
Shatter ($7.99)
Shatter supercharges the brick-breaking genre with Boss battles, physics effects, power-ups and special attacks. Intuitive and visceral controls give you the power to break free from the machine across 10 vibrant and distinct 3D worlds. Shatter™ features multiple game modes, leaderboards and trophies, and a fully scored soundtrack with over 90 minutes of original music.
File size:195 MB

PSone Classics PS3 / PSP
Spec Ops: Covert Assault ($5.99)
Lock and load, because the Rangers are back in action! Choose your two-man team from a squad of five expert Rangers. Traverse dangerous ground and utilize ten different weapons to complete your missions and defend democracy. Download this PSone classic game today and jump into the action!"
File size: 64 MB

WILD ARMS 2 ($5.99)
Odessa plans to conquer your home world of Filgaia. You are chosen to combat this organization as an elite member of ARMS.
Download this PSone classic game today and defend your planet!
File size: 614 MB

Game Demos
Call of...
 

Sony PlayStation Store Update for July 16, 2009

250°
283w ago - PlayStation Store Senior Manager Grace Chen is back with another PSN update today, as follows:

Hi Everyone - It's time for the weekly PlayStation Store Update.

First, you'll want to check out the sale of select PlayStation Network favorites. The PlayStation Network sale is for a limited time only and lasts only until next week's update on July 23.

•WipEout HD (was $19.99, now $14.99!)
• Flock! (was $14.99, now $7.49!)
• Savage Moon (was $9.99, now $4.99!)
• Crash Commando (was $9.99, $4.99!)
• PixelJunk Eden (was $9.99, now $4.99!)
• Brain Challenge (was $9.99, now $4.99!)
• 3 on 3 NHL Arcade (was $9.99, now $4.99!)

Downloadable Games
Namco Museum Essentials ($9.99)
Namco Museum Essentials brings the arcades to your living room with five classic games and a brand new arranged Xevious title. Challenge your friends' high scores and unlock NM Stamps, PlayStation Home rewards and trophies as you re-live the sights and sounds of the 80's.
ESRB Rated E
File size: 449 MB

PSone Classics PS3 / PSP
Spec Ops: Ranger Elite ($5.99)
Immerse yourself in one of the first realistic military tactical combat simulators to be released. Choose your two-man team from...
 
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