After news of Sony's recent net loss, today it appears there is finally a positive outlook for the PlayStation 3 videogame console!

In a video interview with from Quentin Hardy of Forbes, Sony CEO Jack Tretton stated that PS3 sales are now skyrocketing.

This comes after the PS3 Slim announcement, recent PS3 price drop and PS3 sales increase.

To quote: "Skyrocketing sales, Quentin. Couldn't be happier with the...

Posted 45 days ago      7 Comments      Read More »


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...

Posted 112 days ago      1 Comment      Read More »

For the first time, the economic downturn appears to have caught up with the maker of the Wii, as sales and profits plunge.

Nintendo continues to operate profitably, something that can't be said for Sony, which faces the same conditions that Nintendo does, but announced another losing quarter today.

To quote: Japanese electronics companies face two significant...

Posted 114 days ago      0 Comments      Read More »


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...

Posted 115 days ago      1 Comment      Read More »

Sony's PS3 slump continues. The high price of the PS3, coupled with a weak economy, has proven a one-two punch against Sony's current home console.

PS3 sold 203k units in North America in the month of January. While this may sound good, a look at 2008's results shows a grim trend for Sony. While both the Wii and Xbox 360 have gained momentum from 2008 to 2009, PS3 has...

Posted 281 days ago      1 Comment      Read More »


Has the Wii's bubble finally burst? Sales figures from Japanese retailers show the Wii is the only console to show negative growth over the last week.

While it is far too soon to start shouting the demise of the Wii from the rooftops, Nintendo saw unit sales of its home console fall by 3,000 units, allowing the PlayStation 3 to close the sales gap between the two consoles...

Posted 286 days ago      0 Comments      Read More »

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...

Posted 400 days ago      1 Comment      Read More »