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Sony is actually doing all right despite a lot of turmoil, and it's got the PlayStation 4 to thank. This quarter, the company moved 3 million PS4s, bringing total sales of the console to 25.3 million units. Peripheral and software shipments also went up, boosting gaming revenue by 12.1 percent ove...

16 hours ago 0 Comments
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If you're rooting for Sony to pull through recent tough times, it's still a cliffhanger, according to its latest earnings report. On the plus side, PS4 sales have been stellar, up 83 percent over last year at 310 billion yen ($2.8 billion). The good news drops off sharply from there, however, espe...

October 31st 2014 at 3:48am 0 Comments
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Further heavy losses for Sony: electronics sales (minus phones and gaming) stand at half of the peak seven years. The company's latest financial report is grim reading for its investors -- and its fans. So what happened, Sony? It's new CFO Kenichiro Yoshida gave a starkly honest assessment of his...

May 14th 2014 at 9:33pm 0 Comments
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Here's a euphemism to start your morning: Sony just issued a news alert, giving investors a heads-up that it's "revising" its earnings forecast for the 2014 fiscal year, which actually ended back on March 31st. Revising! Here's what that really means: Sony previously said it would generate 80 bill...

May 1st 2014 at 10:29am 0 Comments
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If you didn't get enough mobile news during the week, not to worry, because we've opened the firehose for the truly hardcore. This week, a familiar smartphone leaked that's said to join the prepaid ranks at Verizon Wireless, AT&T swung back against the DOJ, and Rogers issued its quarterly earn...

April 27th 2013 at 9:45pm 0 Comments
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Just like last year, we're reporting on a revision Sony's making to its expectations for last year's profits, but this time around there's some positive news. According to Sony, selling some of the buildings it owns and a weakening yen have doubled its expected net profit from 20 billion yen annou...

April 25th 2013 at 11:54pm 0 Comments
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As part of recent restructuring and cost-cutting efforts, Sony's Computer Entertainment (SCE) division will merge its Asian and Japanese operations into a single entity. The company said that it would result in a new management unit, with SCE Japan president Hiroshi Kawano taking the helm and the...

April 1st 2013 at 5:21am 0 Comments