More bad news for Sony
p2pnet.net News:- More bad news for Sony, a founding member of the Warner Music, EMI, Vivendi Universal and Sony BMG Big 4 Organized Music gang.
It looks as though it’s missed its global shipment target, “and been beaten in its home market by rival Nintendo’s surprise hit Wii video game system, new figures show,” says Associated Press.
There’s a whole litany of company problems, with the name Sony as a kind of catch-call. A conviction for misleading the French public; being caught trying to sneak dangerous DRM spyware into the computers of people who’d bought Sony music CDs; laptop batteries which burst into flame; the facts its PlayStation 3 can’t even play 200 or so games designed for older consoles; and so on,
Now, “Sony sold 466,716 PlayStation 3 units in Japan from its Nov. 11 domestic launch date to the end of December, according to a market survey released Tuesday by Japanese computer game publisher Enterbrain Inc,” says AP. “The figures fall short of the 1 million consoles Sony predicted it would ship domestically by year’s end.”
The story says Sony is “banking on the PS3 to spark a turnaround from tumbling profits and a costly worldwide recall of 9.3 million laptop computer batteries” and, “Lackluster PlayStation sales would be further cause for concern for a highly hyped product launch already off to a rocky start with two delays.”
News of a possible shortfall in Japan apparently, “helped send Sony shares plummeting as much as 2.7 percent Wednesday on the Tokyo Stock Exchange”.
Also See:
Associated Press – PlayStation 3 likely missed sales target, January 10, 2006
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January 10th, 2007 at 3:55 pm
looks good on them
January 11th, 2007 at 9:27 am
History has proven that the success of a game console, no matter how poorly designed (the NES and the PlayStation come to mind), is entirely dependent on its game lineup. Sony may look like they’re screwed now, but this is only about a month after launch. It took the PS2 an entire year for its game lineup to start justifying the awful console’s purchase, and the Xbox 360 is recently starting to see some good games as well. It’s simply too early in the game to judge the success of either the PS3 or the Wii at the moment.