PS3 Falls Further Behind in Japan
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Any hope from Sony that its fortunes were turning around with the PlayStation 3 were dashed Tuesday as data showed it was falling further behind the Nintendo Wii in sales on its home turf.
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TOKYO -- Sony Corp. said Friday it will slash the price of its much-anticipated PlayStation 3 video game console in Japan by 20 percent, heating up the competition in the next-generation gaming war against rivals Microsoft and Nintendo.
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The companyâs PlayStation 3 game console has had a shaky start, despite rebounding sales in its bread-and-better consumer electronics.
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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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Nintendo's Wii video game console outsold Sony's PlayStation 3 six to one in June in Japan, a Japanese publishing company said Monday.
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Sony's PS3 price cut may not be quite what it seems.
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Nintendo's Wii console continues to be the surprise success in the next-generation console race, outselling the Sony PlayStation 3 by a two-to-one margin in Japan during the month of January.
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Up 135 per cent, apparently Sony has claimed that PS3 sales in North America have jumped 135 per cent since it brought the price of the 60GB console down to $499 two weeks ago.â¦
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Nintendo Co. Ltd.'s Wii game console outsold Sony Corp.'s PlayStation 3 by a ratio of over 6 to 1 in June in Japan, a game magazine publisher said, solidifying Nintendo's leading position.
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The European PS3 will play fewer older games than the Japanese and American consoles, Sony says.
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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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Sony Corp. 6758.T shares opened 2.38   percent lower at 4,930 yen on Thursday after it said it would   delay the European launch of its PlayStation 3 (PS3) game   machine to March from November, missing the holiday shopping   season in a key market.
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Nintendo Co.'s  Wii game console  outsold Sony Corp.'s  PlayStation 3 by more than five  to one in Japan last month, Japanese game magazine publisher  Enterbrain said, casting a shadow over a turnaround in Sony's  game business.
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IGN GamerMetrics sees the PlayStation 3 doing well in 2008 thanks to hot games like Metal Gear Solid 4, but isn't hopeful for handheld consoles.
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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.
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Sony Corp. shares were falling as investors reacted nervously to news that the eagerly awaited launch of its PlayStation 3 (PS3) game console in Europe will be delayed from November to March.
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Sony returned to profitability in its fiscal second quarter thanks to a weaker yen and strong digital camera sales, however its gaming and TV divisions -- including the PlayStation 3 -- continued to struggle.