At 60, will Sony get a new lease on life or an early retirement

TOKYO - "This company is too great to fail," said Welshman Sir Howard Stringer when he took over as the chairman and chief executive of Sony, Japan's iconic electronics giant, on June 23, 2005. Even then, things looked shaky. The company was drifting rudderless in a sea of competition, awash with soggy products and sagging profits. Its electronics business, the company's beating heart, was critically in the red.

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The BS Police6287d ago

They keep on lying and overhyping , they have crap customer service, and theyare losing money!

They are getting paranoid because they know they can go bankrupt soon.

Sony, quit sucking up to us, we won't cry over your demise!

TheMART6287d ago

"This company is to great to fall"

Another arrogance comment of Sony. Large companies have went bankrupt before. For different reasons. Not only @ the game department it gets beaten up, but also at other consumer electronic markets.

For example the TV section. Samsung took a real large bit with their HDTV's. Well maybe that's because they teamed up with the mighty 360? However it sells like hell.

It's still critically in red. Every quarter almost 600 million dollars loss. Just took a major bank loan, the first in 10 years time. Big bets on BetaBluRay (which appears to have less quality on HD-DVD now, especially confirmed HD-DVD supports 1080p now also) and things like a PS CPU that has bad yields (10 to 20% succes...) and more...

Nope Sony, not listening to your customers, lying, overpromising and underdelivering can bring any company down. No matter what size

achira6287d ago

#2, #3, shut up your lier mouths you bustu.... we know that you hate sony, why do you come here to only post this sh!t ??? you know ps3 will kick ass you poor crapbox, go play it, if it is so good. but dont bother us with you complex. we know that you are so envy. such idiots like you should be banned for ever.

TheMART6287d ago

for what exactly? For telling the truth? Again a fanboy shouting, calling names is a fanboy in denial.

If you think the facts I am giving are false give facts to argue.

Samsung is selling much TV's and take marketshare from Sony

Sony is loosing almost 600 dollars every three months. Already first quarter 2005. First quarter 2006 the same.

They just took al multimillion loan, or didn't they?

They lied to all gamers with the PS2. It would had the great Emotione Engine. Well where did that one stay? The other lies? The lies that made the better system, Dreamcast fall?

This time around there is a console around with a company behind it with lots of money. Which Sony doesn't have. End of story

The BS Police6287d ago

How am I lying when I say Sony is losing money!

Yeah, you just got owned!

kingboy6287d ago

lol what has Themart done again this time..we already know his arguements cuz they just keep rotating 24/7 in 360 circles ..The freaking thing hasn`t even launch..yet

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Video Game Actors Have Voted To Authorize A Strike, If Negotiations Fail

The vote to authorize a potential strike for SAG-AFTRA video game performers passed overwhelmingly.

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isarai1h ago

Do what you need to, this overtaking & underpaying BS has gotta stop


Striker Is The Worst Mortal Kombat Character Of All Time

In the annals of Mortal Kombat history, Stryker stands out not for his prominence but for his successive series of blunders and near-misses.

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CrimsonWing692h ago(Edited 2h ago)

Most of the MK4 cast is far worse than Stryker.

ZwVw2h ago

Not even close. That award goes to Hsu Hao.


Naughty Dog Says Tomorrow's Last of Us Day Stream Won't Have Game or TV News

Will focus on "art, merch, and more".

Naughty Dog has announced it'll be celebrating The Last of Us Day - its annual hat tip to the community - again this year, but has warned fans not to expect any game or TV show news.

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Snookies1223h ago

Is that multiplayer EVER going to drop? Like good lord... I love Naughty Dog so much, they're definitely in my top 5, if not top 3 developers. At this point, it's just getting ridiculous though. There's never even been a trailer for it, right? What the heck is going on with that? Just kind of baffled by the lack of info because I was looking forward to that quite a bit before Last of Us 2 even dropped.

-Foxtrot23h ago

Last gen, 2 years after the PS4 released we had Uncharted 4 but we didn't get a new IP from them.

3 years after the PS5 dropped and we've had nothing new from NaughtyDog and still no sign of a new IP just a remake we really didn't need.

The only thing we know is coming is an online focused multiplayer game and while Factions was a great addition to the original TLOU it's not like any of us wanted a full on multiplayer game spin off to take time away from other things. We could have at least had a reveal trailer of their new IP by now by their second team if the focus wasn't so split.

Feels like they care more about the TV show, it's all they ever talk about even with the writers / actors strike going on.

Profchaos11h ago

Goes to show how boring this gen will turn out everyone's talking forever to craft their graphical masterpiece that the generation will be over by the time the next hitters come out

Markusb336h ago

starting to get fairly fed up with all the lack of communication from 1st party. Even when the last of us started its hype was more interesting, showing the ants etc and no one knew what the game was about.
Being totally in the dark is much worse

Obscure_Observer22h ago

"Just kind of baffled by the lack of info because I was looking forward to that quite a bit before Last of Us 2 even dropped."

Looks like the rumors surrounding that game been in development hell are accurate.

GamingSinceForever8h ago

At least they understand when a product isn’t up to snuff.