Sony Expects Wider Loss in Game Division for Fiscal 2006
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By Kyodo News International, Tokyo  Jan. 31--TOKYO -- Sony Corp. expects losses in its game division to  expand by 20-40 billion yen from last October's estimate of a 200 billion yen  loss for the 2006 business year ending in March, company officials said  Wednesday.
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Sony Corp.'s  game unit said on Thursday it planned to cut jobs in the United States and was eyeing restructuring steps in Japan as it struggles to keep up with industry rival Nintendo Co. Ltd. .
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Blog: The recent stories like this one out of the Sony camp are becoming pathetic at best.  The company who formerly touted its dominance over the video game industry is left touting a 50,000 unit sale for March and a sales lead "for every week, except for the
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The computer games maker behind the popular Lara Croft adventure says sales will be hurt by pricing pressure.
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Sony Corp. (6758.T) on Friday cut  the price of its new game machine PlayStation 3 by 20 percent  in Japan, in a surprise move that will attract more customers  but likely widen losses in its game division.
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Sony shareholders shouldn't be pleased about another PlayStation 3 delay.
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Sony Corp (6758.T) said the operating  margin at its electronics operations is expected to beat its  target for the year to March, but operating loss at its  videogame unit will likely be double its initial forecast.
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Take-Two Interactive posts another loss. Will a restructuring plan save the day?
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Sony Corp. on Thursday cut its operating  profit estimate for this business year by 31 percent, citing  sharply falling prices of televisions, DVD recorders and other  key products and weak demand for chips.
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Take-Two Interactive Software Inc  said on Tuesday it cut its quarterly net loss in half, but the publisher of games such as "BioShock" gave an outlook that fell short of Wall Street expectations, and its shares fell 4 percent.
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Sony warns that it does not expect profits at its home electronics business to recover  in the normally busy Christmas season.
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Video-game software publisher Electronic Arts Inc. said Thursday it swung to a loss in the third quarter, hurt in part by the way it accounts for online-enabled games, but adjusted earnings met Wall Street's expectations.
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Electronics giant Sony cuts its operating profit target for this business year by almost a third, blaming falling product prices.
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TOKYO -- Sony's U.S. video-game unit is cutting jobs to become more competitive, the company said Thursday, as the PlayStation 3 machine struggles against rival offerings from Microsoft and Nintendo.
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A year ago, Sony was recovering. Now it is on the warpath, says its CEO.
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SANTA MONICA, California  - Sony Corp. is likely  to cut its PlayStation 3 price again by year-end following this  week's $100 cut, a senior executive at Japanese game software  maker Capcom Co. Ltd. said.
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Sony Corp. plans to cut capital expenditures at its semiconductor operations by a "large amount," a company executive said Tuesday, weeks after the electronics giant reported a drop in profits for the latest quarter.