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Sony Losses, our gain

Archive: 3 posts


“Sony is positioning digital imaging, game and mobile as the three main focus areas of its electronics business and plans to concentrate investment and technology development resources in these areas,” the company said in a press release.

“By growing these three businesses, Sony aims to generate approximately 70% of total sales and 85% of operating income for the entire electronics business from these categories by FY14.”

In the gaming stream, Sony highlighted the PlayStation 3, Vita and PlayStation Network as its core platforms, failing to mention the ageing but still viable PSP whatsoever, in conjunction with “accessories and peripherals”.

“The Company also aims to increase sales by enriching its catalog of downloadable game titles and subscription services available through the PSN platform, and also by expanding the lineup of PlayStation Suite compatible devices and content,” it said.

http://www.vg247.com/2012/04/12/sony-to-double-down-on-games-confirms-10000-lay-offs/
2012-04-12 09:28:00

Author:
GribbleGrunger
Posts: 3910


That's the right way to go. The problem with their business model is that they are present in all categories of the electronics market but they don't dominate any of them. That's why they have been constantly losing money in recent years. They need to narrow down their selection of products and focus their resources on making them better and more competitive.2012-04-12 09:49:00

Author:
SnipySev
Posts: 2452


http://www.vg247.com/2012/04/12/sony-to-double-down-on-games-confirms-10000-lay-offs/

They didn't the PSP because it's dead to them. Too many people pirate their games on it, so developers aren't necessarily happy to dish out any game on it. As for the more games proposition, I could enjoy it. I know Sony is going to be a nuisance with their voucher-required games and account locked downloads, but maybe we'll see more developers being bought by Sony, thus increasing the variety of games available.
2012-04-12 23:12:00

Author:
CyberSora
Posts: 5551


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