The expansion of the PlayStation Network, which will enable users to download games, movies and music for multiple devices, will propel Sony into a software powerhouse, said CEO Sir Howard Stringer
Sony Corporation's CEO, Howard Stringer, has told reporters in Tokyo that the company is still on course to post a 5 per cent operating profit in its fiscal year, which ends in March.
Sony Computer Entertainment America CEO Jack Tretton says that while there were "missteps" in the PlayStation 3's first year, "19 exclusives" for Christmas and the promise of games like Metal Gear Solid 4 and Final Fantasy XIII are a reason to be positive
Following last week's general market decline, the subsequent optimism surrounding strong retail performances in both the US and Japan have seen gaming shares fare rather better across the board.
Sony's PlayStation 3 has managed to outsell the Wii in Japan for a second week running, as Sony's console continues to gain solid footing in the crucial territory.
Mario Party DS continued to sell well in Japan last week, with 116,000 units of the Nintendo title flying off shelves to keep it top of the software chart.
The newly-launched PlayStation Store for PC does not spell the end of the road for Sony's Universal Media Disc format, according to Darren Cairns, head of online marketing for Sony Computer Entertainment Europe.
Sony CEO Howard Stringer has said that he is confident of the PlayStation 3's current sales performance, comparing the momentum of the new console to that of the early days of the PlayStation 2.
Sony Computer Entertainment has launched a new version of the PlayStation 3's online store - a web site accessible via PC, specifically for PlayStation Portable owners.
Microsoft's Robbie Bach has dismissed Sony's PlayStation Network, saying he doesn't believe the console rival offers an online gaming service comparable to Xbox Live.
Sony has slashed the price of the PlayStation 3 development kit by almost half, promising to further reduce costs as more studios adopt the console technology.
The PlayStation 3 has overtaken the Nintendo Wii in the Japanese hardware sales chart, notching up 38 per cent more sales for the week ending November 11.
Keith Ramsdale, EA's VP and general manager for UK and Ireland, has told <i>GamesIndustry.biz</i> he believes that the future of the PlayStation 3 is strong - but consumers are waiting for quality software titles to arrive.
Sony said that it has sold more than 100,000 PS3 consoles in the week ending November 11, an increase of 250 to 300 per cent from the average weekly sales before the price drop
Sony has confirmed to <i>Eurogamer</i> that all PlayStation 2 titles that support rumble and are compatible with the PlayStation 3 will also rumble if you use the new DualShock 3 pad.