Tag Archives: Sony Corporation
Sony’s Most Profitable Business Is Not Related To Gadgets
Last week, Forrester CEO George Colony heavily criticized Apple CEO Tim Cook for not having the same charismatic abilities as Steve Jobs in an article entitled Apple = Sony. In the article, Colony claimed that having Tim Cook as Apple’s current leader will ultimately lead to their downfall just like Sony (post Morita). Jean-Louis Gassée of The MondayNote.com noted in a rebuttal article against Colony that Sony’s most profitable business is financial services. This is like comparing apples and oranges. “How this leads to an = sign between Apple and Sony evades me,” wrote Gassée.
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Categories Apple Inc., Sony Corporation, Sony Financial
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Sony PlayStation Network To Be Down For 13 Hours Today
If you are a PlayStation 3 gamer, you will be disappointed to know that you will not be able to log in to the PlayStation Network for 13 hours today. Sony said that this is necessary maintenance on the network. They are going to optimize things and clean up. The network will go offline at 9AM Eastern time and it will last for about 13 hours. “During much of this time, users won’t be able to access the PlayStation Store, PlayStation Home, Account Management or play online. PSN enabled websites will not be able to service users, including [the PlayStation Blog],” stated PlayStation Digital Platforms senior manager Matthew Harper.
Sony To Focus On Mobile, Cameras, and Games, But Won’t Retreat In TV Market
Last Thursday, Sony’s new CEO Kazuo Hirai gave a presentation where he vowed “the time for Sony to change is now.” Sony is dealing with all kinds of competition and the company has not reported a profit since 2008. The situation at the company as very bad as they had to report $6.4 billion in losses this year. Hirai said that going forward, Sony will focus on three businesses: smartphones and tablets, cameras and camcorders, and games. However Sony will not retreat in TVs. “It’s at the center of every home,” said Hirai. “It is part of Sony’s DNA.”
Categories Kazuo Hirai, Sony Corporation
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Sony SmartWatch Brings Social Networking To Your Wrist
Sony Corporation has announced a new device called the Sony SmartWatch, which runs on Android. The Sony SmartWatch allows you to read text messages, social status updates, and e-mails. You can also control music and take phone calls on the device. The SmartWatch controls to your Android phone using Bluetooth.
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Categories Sony Corporation, Sony SmartWatch
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Next Sony PlayStation Rumored To Be Called “Orbis”
We know that the upcoming Nintendo console will be called the Wii U, but we have no idea what the new PlayStation and Xbox will be called. Rumor has it that the new PlayStation will be called the “Orbis.” The “Orbis” is believed to have an AMD x64 CPU and AMD Southern Islands GPU that can output at 4096 x 2160. Games will be available as either Blu-ray discs or PSN downloads. [Kotaku]
Categories Sony Corporation
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Sony Announces Xperia P and Xperia U Phones
Today Sony announced the Xperia P and the Xperia U smartphones running on Android. This is the first product introduction that Sony has made since going independent from Ericsson.
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Categories Sony, Sony Corporation, Sony Xperia P, Sony Xperia U
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Nintendo and Sony No Longer On List Of Companies That Support SOPA
The list of supporters (PDF) of the Stop Online Pirate Act (SOPA) has been updated. it appears that Sony and Nintendo have both dropped out, which indicates that they are not directly in support of the bill as a company any more. Both of these companies were endorsing the bill back in November. Likely the two companies saw the outrage that Internet advocates have made about the bill and decided to no longer be associated with SOPA. [Electronista]
Categories Nintendo, Sony Corporation
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Samsung Buys Sony’s Stake In S-LCD For $940 Million
Sony is selling their shares in LCD panel joint-venture company S-LCD to Samsung electronics for $940 million. Sony is struggling to make profits from their TV line. S-LCD is a joint venture between Sony and Samsung. Now Samsung will now fully own the subsidiary. This deal is expected to close in January 2012.
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Categories Samsung Electronics Inc., Sony Corporation
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Sony Ericsson To Become Known As Just Sony In Mid-2012
Sony Corporation (NYSE:SNE) and Ericsson have been known as Sony Ericsson for the past 10 years, but the combined company has been through a decline in market share. Now Ericsson will have until mid-2012 to clear their name from marketing materials and other combined business related operations. After that Sony will develop phones strictly under the Sony-only brand. [Times Of India]
Categories Sony Corporation, Sony Ericsson
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Sony Forecasting $1.2 Billion In Fourth Consecutive Annual Loss
Sony Corporation (NYSE:SNE) has forecasted their fourth consecutive annual loss and has slashed their TV sales targets due to the yen reaching a postwar high and due to floods in Thailand, which caused a cut in production. The company is predicting a 90 billion-yen ($1.2 billion) annual loss, compared to an earlier forecast for a 60 billion-yen of full-year profit.
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Categories Sony Corporation
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