Kombo : : : PS3 | 360 | Wii | Cube | Xbox | PSP | DS | Forums | Podcasts

AROUND KOMBO:
BLOG
My Xbox is Sexy
Kill Screen #7
StumbleUpon Toolbar  
Posted by:
David Oxford
Senior News Editor
NEWS
Sony's Stringer Says Profitability is Top Priority
June 20, 2008 | 11:29 AM PST

Can anyone guess what Sony management's top priority is? Creating innovative new products? Nope! Customer satisfaction? Not that either. Nope, according to Sony Corp. Chairman Howard Stringer, the company's top management priority is "to restore profitability in our television and game businesses," both of which lost money in the last fiscal year.

Maybe with any luck, either of the former is considered a key to the latter.

Last month, Sony made the prediction that its games division would post its first annual profit in three years, after having reduced the cost involved in producing PlayStation 3s. The past two years under Stringer have seen it lose $3.4 billion dollars, thanks to a little upstart known as the Wii.

Presently, they're forecasting that they will sell 10 million PlayStation 3s this year, and 9 million PlayStation 2s. No telling if they expect any overlap, thanks to the b/c snip-snip they pulled awhile back. Regardless, it seems that they would then be conceding their spot as the "world's largest maker of video game consoles," as Nintendo is predicting they'll move 25 million Wiis into homes this year.

And in all fairness, they are a business, but when you have to say something like "profit is our top priority," then you know things just aren't going well.
source: Bloomberg

Got something that we should post on the site? Send it to us!
February 8, 2010
Twenty more winners to go for our Game a Day Giveaway! Don't hesitate... enter today! Also, make sure you become a fan of Kombo on Facebook!!!

-- Ken Cauley, Editor in Chief

Kombo Breaker
FTW
Kombo's Game a Day Giveaway!
We're giving away a new game EVERYDAY throughout all of February!

Official Contest Page!

WINNERS:

  • February 2: John Riemer, Virgina
  • February 3: Jonathan Dowell, Pennsylvania
  • February 4: Chris Ryan, Florida
  • February 5: Chris Foster, Michigan
  • February 6: Adam Cuevas, Florida
  • February 7: Josh Minar, Kentucky
  • February 8: Bradley Mosbacher, Missouri
  • If SEGA made Shenmue 3, would it SELL?
    Vote!
    (02/09/10 | 12:41 PM PST)
    February's Xbox LIVE Marketplace Updates
    (02/09/10 | 12:21 PM PST)
    It May Be The End for Nippon Ichi Software
    (02/09/10 | 11:13 AM PST)
    Headaches and Sickness Induced by 3D
    (02/09/10 | 5:56 AM PST)
    HDTV vs. SNES
    DiRT 2!!!
  • DiRT 2 for Xbox 360 or PlayStation 3
    Enter to win!
    E-mail us and include your full name, age and mailing address to enter.

  • Software
    Hardware
    All Time
    Weekly
    9.89m Japan
    31.48m America
    25.90m Others
    67.28M 
    1.25m Japan
    21.76m America
    14.63m Others
    37.64M 
    4.74m Japan
    12.71m America
    14.31m Others
    31.76M 
    29.79m Japan
    44.83m America
    50.20m Others
    124.81M 
    14.02m Japan
    18.98m America
    20.85m Others
    53.85M