Saturday, December 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
BlackBerry Returns To Cash Flow
Comparison: Quantum Dot Vs. OLED Displays
Toshiba and SK Hynix Reach Settlement in Lawsuit Ahead Of CES
Google Concerned About MPAA's Actions To Revive SOPA
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > Games > Sony Pr...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, June 21, 2007
Sony Promises More Games to Boost PS3 Demand


Sony expects at least 380 new PlayStation 3 games to hit the market this business year and says that should rev up demand for the console that has so far lost out to Nintendo's wildly popular Wii.

There are about 150 games currently available for the PS3, including online titles.

Sony Chief Executive Howard Stringer said at the annual shareholders' meeting that the company will review its dividend policy once it has achieved its profitability target for the year to March 2008, raising the possibility of future dividend hikes.

"Attractive game software is the key to accelerate PS3 growth over the next year," Stringer said on Thursday.

Sony's game division posted an operating loss of 232 billion yen ($1.88 billion) in the past business year because of hefty start-up costs of the PS3.

"All the production problems have been solved," Stringer said. "We are making a comeback already."

Nintendo's Wii game console has been outselling the PS3 by three to one in Japan and more than two to one in the United States so far this year, according to game magazine publisher Enterbrain and research firm NPD.

A lack of attractive games has been widely cited as a reason for the PS3's relatively weak performance in addition to the fact that it is twice as expensive as the Wii.

More than 200 packaged software titles will likely be released for the PS3 in the year to March 2008, and more than 180 titles are expected to be launched over the Internet, Stringer said.

Sony aims to double its PS3 shipments to 11 million units in the current business year and reduce the game unit's loss to 50 billion yen.


Previous
Next
Bayer Raises Prices for Polycarbonate        All News        YouTube Live on Apple TV Today
Nyko Unveiled Two New Peripherals For PLAYSTATION 3     Games News      Father of Sony PlayStation Retires

Get RSS feed Easy Print E-Mail this Message

Related News
FBI Confirms North Korea Was Behind Sony Hack
North Korea Linked To Recent Sony Hacking
Sony Global Education Established
Sony Film Debut Canceled After Threats
Sony Single-Lens OLED Display Module Turns Any Eyewear Into Smartglasses
Tencent, Sony Enter China music Distribution Agreement
Sony Asks Media Outlets To Delete Leaked Data
Sony Updates Digital Paper
Sony's PlayStation Network Under Attack
Sony Opens Underwater Store
Sony's New E-Paper FES Watch Appears Online
Sony Plans E-Paper Watch: report

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .