Stringer pledges Sony turnaround
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Howard Stringer, the first foreigner to head Sony, tried to allay investor worries about the future of the Japanese electronics and entertainment company Thursday by pointing to a budding recovery in its core electronics business.
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Sony Corp  gaming chief Kaz  Hirai hopes to turn a profit on the PlayStation 3 console  business in the entertainment conglomerate's next fiscal year,  fueled in part by falling costs for the parts used to make the  device.
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Sony cuts full-year forecast by 3%, Matsushita warns on effects of high oil prices and competition. TOKYO  - Sony Corp. Thursday reported a quarterly profit gain thanks to the &quot;Spider-Man 2&quot; hit movie
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Despite a Warner Bros. setback, the HD DVD maker vows to renew its efforts marketing the hi-def video players.
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Sony Corp.  is on track  to have shipped 2 million PlayStation 3s to North American  stores by the end of March, and expects shortages of the video  game console to have completely eased by May, a top executive  said on Tuesday.
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Japan's Sony Corp. does not expect a  sharp recovery in the profitability of its home electronics  business during the crucial October to December quarter, citing  high costs to develop flat-panel televisions and a shrinking  market for home audio goods.
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Storage and software company declares turnaround and sets new goals after years of financial troubles.
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Sony CEO Howard Stringer acknowledged the power punch of Warner Bros. choosing Blu-ray Disc over HD DVD.
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Sony Corp. (6758.T) swung to a  better-than-expected quarterly operating profit on Thursday,  propelled by robust sales of flat TVs and gains from mobile  phone joint venture with Ericsson (ERICb.ST), and raised its  annual forecast by 30 percent.
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Renders to be realised next spring, firm pledges
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Rumors of Sony Computer Entertainment's plans to cut U.S. jobs were substantiated on Thursday with the announcement of its plans to restructure in the face of last year's operating losses.
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The long-promised SlingPlayer for Blackberry is due by year's end.
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Hammered by iPod, Sony will retool, adding native MP3 support to some digital music players by next summer. Cnet -- SAN FRANCISCO--Sony Electronics missed an opportunity when it nodded off with the emergence
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This potential turnaround is still trying to turn.
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Sony is confident it will hit shipment targets for its recently launched PlayStation 3 game console, its president said Thursday.
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Rick Wagoner said G.M. had made major progress in turning around its fortunes last year and urged patience for the long term.
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Next-generation Razr, smartphones, and combo devices will help firm rebound, CEO says.