Tuesday, September 26, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG Joins the Xfinity TV Partner Program
Deloitte Email Platform and Client Data Hacked
macOS High Sierra Now Available for Download
Intel's New Loihi Self-Learning Chip Promises to Accelerate Artificial Intelligence
Microsoft Announces First Windows S Devices, Brings cloud, AI and Mixed Reality to Businesses
Fitbit's Ionic Smartwatch Goes on Sale on October 1st
Levi's Commuter Trucker Jacket Goes on Sale
Samsung Foundry Tapes Out eMRAM Test Chip Based on 28nm FD-SOI Process
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
New Sony Cyber-shot RX100 IV Supports Phase-detect AF and 24 fps Bursts
Sony Unveils New Smartphones, Audio and Imaging Products at IFA 2017
New Sony Magnetic Tape Storage Technology Supports High-Capacity 330 TB Recording
Image Sensors and Music Lead Sony's Growth
Sony Entertainment to Start Vinyl Record Production
Sony Xperia XZ Premium Flagship And Xperia Touch Projector will Cost You a Fortune
Sony Chief Promises Return to Profitability
Sony Returns to the OLED TV Market With New Models
Image Sensors, Batteries And Playstation Boosts Sony's Profit
Sony Launches The a9 24MP 20fps Full-frame Sports Camera
Sony Commercializes High-Sensitivity CMOS Image Sensor for Automotive Cameras
E Ink and Sony to Establish a Joint Venture to Operate Electronic Paper Display Business

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .