Sony keeps PS3, margin targets despite headwind
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Sony Corp.  said on Thursday it has no plans to change its targets for shipments of its hot-selling PlayStation 3 and operating profit margin, signaling its recovery is on track despite drawbacks such as battery recalls.
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Sony's 6758.T delay of the   European launch of its long-awaited PlayStation 3 is stoking   worries about crucial holiday season sales for video game   publishers, nudging down their shares on Wednesday.
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Blog: What did Sony mean when the company said there would be no PlayStation 3 price cut?
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Sony Corp. took another blow with  Nintendo Co.'s Wii game console outselling its PlayStation 3 by  more than five to one in Japan last month, raising doubts over  Sony's nascent earnings recovery.
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Sony Corp. said profit from sales of home electronic products won&#39;t improve next quarter because of falling prices for flat-panel televisions and slumping demand for audio products.
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NPD Group's July numbers for game console sales have arrived, and the news is good for Sony and Nintendo. The struggling PlayStation 3 saw a 60 percent sales boost thanks to a $100 price cut on the 60GB model that is being phased out. But Nintendo still held the sales lead with its Wii.
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Sony Corp. (6758.T) expects a sharp  increase in the number of games released for the PlayStation 3  this business year, in a move that should help the game  console&#39;s slumping sales, the Nikkei business daily quoted the  head of Sony&#39;s game division as saying in an interview.
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TOKYO -- Just when Sony appears to have turned around its electronics business, another part of its sprawling empire _ video games _ is dragging down profits.
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Sony Corp. Chairman Howard Stringer promised Thursday to shift the struggling electronics giant from recovery to growth and to boost game offerings for the PlayStation 3, calling the console a key profit driver despite its bungled rollout.
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Sony can't catch a break, and now its highly anticipated PlayStation 3 is worrying investors. Shares of the company fell Tuesday after a financial analyst expressed concern over the console after it displayed some unstable behavior at the Tokyo Game Show.
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Nintendo Co Ltd&#39;s Wii game console  outsold Sony Corp&#39;s PS3 by the ratio of 3 to 1 in Japan in  August, but Nintendo&#39;s lead has become smaller over recent  months, industry data showed on Monday.
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Sony Corp. (6758.T) cut the price  of the PlayStation 3 by $100, or 17 percent, in the United  States on Monday, a move that should boost the video game  console&#39;s lackluster sales.
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TOKYO -- Sony Corp. Chairman Howard Stringer promised Thursday to shift the struggling electronics giant from recovery to growth and to make the PlayStation 3 a profit driver despite its bungled rollout. But investors at the company's annual shareholder meeting in Tokyo remained skeptical of an...
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Sony dropped the price on its PlayStation 3 in July - from $599 to $499 for its 60-gigabyte model - and got a bump in sales, but Nintendo&#39;s Wii continued to dominate by posting its largest monthly sales figure of 2007.
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Though Wii outsold the PlayStation 3 by three to one in August, its lead continues to narrow.
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Sony Corp. has no plans to cut the price  of its PlayStation3 (PS3) at present to pep up demand and  counter surging sales of Nintendo&#39;s rival game console Wii,  Sony&#39;s president said on Friday.
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Sony Corp. (6758.T) shares fell as much  as 2.6 percent on Thursday, hit by another delay in the launch  of its PlayStation 3 game console, but outperformed sector  peers and the broader market by the end of the day as investors  weigh the likely impact of the delay.