Could PlayStation 3 and Blu-ray Save Sony?

After Sony announced job cuts for its electronics division, many asked what this would achieve if the company had no stable business to ensure future profits. Could the PlayStation 3 and Blu-ray format be this stable business?

In an interview with the BBC, Katsuhiko Mori, fund manager at Daiwa SB Investments, said; "Sony doesn't have any core businesses that generate stable profits - the next thing we want to see is what is going to be the business that will drive the company."

So if things go well for the PlayStation 3 and Blu-ray, the recession might not hit Sony as hard as they first thought. The question is, why don't they sound this positive when they talk about their products?

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Pennywise3598d ago

Could this article save this website source?

Pennywise3598d ago

I guess I wasnt trying to make sense... Sony needs saving?

user94220773598d ago

Well In a way it already has, and it can, once a price drop comes in which will shut up all the xbox fans saying " OH YEAAA BUY THE PS3 ITS THE SAME PRICE AS 5 XBOX's"

Many people are purchasing the ps3 just for blu-Ray Since it's the cheapest blu-Ray player out there in the market.

If you can afford a ps3 buy it, you won't regret it.

If you want to buy a xbox which is the same price as a happy meal in McDonalds, then go ahead.

PirateThom3598d ago

The PS3 isn't the cheapest Blu-ray player anymore. I think even Sony have models that are cheaper than the PS3, but the PS3 is still one of the best and the game console added on to it just adds to its value.

3598d ago
ultimolu3598d ago

...Fair article.
Sony seems confident enough for the PS3.

user94220773598d ago

Ok, people who buy it for blu-ray also buy it since there's many many more features.

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