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Sony Corp boss believes his business is holding up well, but worried about currency

50°
340w ago - The chief executive of Sony Corporation, Sir Howard Stringer, has revealed that he believes the company is performing well, but has expressed concern about the impact a strengthening yen could have on the business.

Speaking at the World Economic Forum, he admitted: "There is always an impact on exports. The yen is volatile...We watch it with some anxiety," reports Reuters.

Because a significant proportion of the company's goods are exported for sale overseas, a rise in the strength of the native currency automatically makes its goods more expensive for other countries to import.

But despite that, he said, the consumer electronics arm is holding up well so far, buoyed by a better performance in the last month or so by the PlayStation division.

"PlayStation 3 has now gone past Xbox on the Christmas market. It's moving into its own as it gets into higher bandwidth...PS3 is out of the woods and beginning to hold its own," he said.

His comments echo others made separately by SCEE boss David Reeves, who earlier revealed the extent of sales in Europe, and claimed that the PS3 would outsell the Microsoft machine by the summer.
 

Why the PS3 still isn't hacked

400°
340w ago - "Why isn't the PS3 broken already?" We hear this every day. Someone somewhere thinks they can write a better media player with HD support. A guy wants to release his game but needs the RSX for the amazing graphics it can generate. Why can't we just tear open the PS3 solder a few wires and be done with it? The answer is both simpler and more complicated than you might expect.

The PSP, the Wii, even the Xbox 360 have all been hacked and can run homebrew applications so everybody thinks "the PS3 should be just as easy." The PS3 in some ways is as easy, in fact easier. No other console let you install Linux and run anything you want to. Sure Linux on the PS3 is great. You can write your own code and use it. You have the largest collection of applications anywhere (thats right, WAY more than Windows). It's all free (or at a very low cost).

But it's limited. You can't touch the RSX (The very powerful graphics chip in the PS3), you can't use the full hard drive, and nothing is really optimized for the PS3's fantastic Cell processor, this means that what should be fast and easy tends to be slow and cumbersome. In fact, DVD playing which can be done on any modern computer is a monumental task in PS3 Linux.

The major problem is that the PS3 isn't any other console. The PS3 is different...
 

THQ cancels Frontlines: Fuel of War for PS3

100°
340w ago - THQ announced today that it has canceled PS3 version of Frontlines: Fuel of War(TM) and also the PS2 version of Destroy All Humans!(R): Big Willy Unleashed.

Two unannounced titles for Xbox 360 and PS3, scheduled for 2010, have also been canceled. The Concrete Games studio, which was working on one of the unannounced titles, will also be closed down.

To quote: However, the company expects to report approximately $20 million in accelerated amortization expense related to the underperformance of certain previously-released games, including Stuntman(R):Ignition(TM), Ratatouille and Conan(R). In addition, consistent with the company's previously-announced quality initiatives relating to product development and its product pipeline, the company expects to record non-cash charges of approximately $27 million related to:

1) the cancellation of the PlayStation(R) 3 (PS3) version of Frontlines(TM): Fuel of War(TM) and the PlayStation(R) 2 (PS2) version of Destroy All Humans!(R): Big Willy Unleashed;

2) costs associated with two unannounced titles for Xbox 360 and PS3 that had been scheduled for release in fiscal 2010; and

3) the company's decision not to pursue its Juiced(TM) and Stuntman(R) intellectual properties.

The company also announced the closure of its...
 

THQ indicates Fuel of War has been delayed for PS3, not cancelled

50°
340w ago - Recent rumors suggested that THQ had totally scrapped Frontline: Fuels of War for the PS3. However, a THQ PR rep has told one website that the PS3 version is not canceled and has just been delayed.

The team is reportedly working as normal to finish the Xbox 360 and PC versions in time for a February launch while the PS3 version is scheduled for a release later on in the year.

To quote: Some rumors posted on other Web sites have reported that the PS3 version of Kaos Studios and THQ's upcoming multiplayer shooter Frontlines: Fuel of War has been cancelled. FiringSquad has checked in with THQ's PR contact for the game who told us today that the PS3 version had not been cancelled but has been delayed.

According to our contact Kaos Studios is working to finish the PC and Xbox 360 versions of the game for release in February. The PS3 version is still scheduled for release later in 2008.
 

In Wake of Warner Defection, Studios Roll Out HD DVD Product

50°
341w ago - Down but not out, the beleaguered HD DVD format suddenly has some product in the pipeline, after studio announcements that had been slotted for the Consumer Electronics Show were yanked at the last minute due to the pre-show defection of Warner Home Video to the Blu-ray Disc camp.

One of the most high-profile HD DVD releases, ironically, will be from Warner, which won't officially abandon the Toshiba-developed format until the end of May. The studio Wednesday announced it will release a two-disc special edition of the action hit Twister on all three home entertainment software formats, with the DVD and Blu-Ray Disc coming May 6 and the HD DVD edition following May 27.

Orders are due April 1 for the standard DVD and Blu-ray Disc and April 22 for the HD DVD. Special features include a commentary, an HBO First Look Special on the making of the film, and a 2003 History Channel special on tornadoes.

Paramount Home Entertainment, which after May will be the only major studio besides longtime supporter Universal Studios Home Entertainment to release titles on the HD DVD format, is expected to announce a full slate of HD DVD titles for the first quarter today (Thursday, Jan. 17) – a slate it was to unveil at CES.

Already in stores is Zodiac, which quietly shipped...
 
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