Could PlayStation get the axe?
Some Sony "sacred cows" scheduled at slaughterhouse
By Mike Smith
Drastic cost-cutting is in Sony's future, and the games division could be one of the business lines on the chopping block.
That's the specter raised by a Times of London piece published Monday, which credits anonymous company sources with news that a massive restructuring program, beginning in a few weeks, will "abolish or fundamentally alter many of Sony's long-established business practices."
That doesn't necessarily mean the end of the PlayStation, but it's hard to see Sony quitting any of its major markets, PlayStation or otherwise. Can you imagine shopping for a TV without checking out the Bravia line, or for a laptop without looking at Vaio?
Although Sony's games division reported improving performance last year, it still lost over $400 million in the third quarter of 2008, and although the PS3 is the most expensive of the three major consoles, it's by far the costliest to produce. After a disappointing holiday season and the prospect of harder economic times on the horizon, could Sony's games division be contemplating a software-only future?
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Here is my opinion...last year was suppose to be year of the PS3, but it didn't happen. Sony's exclusive games did not help move the PS3 while the XBOX360 price cut and Gears of War 2 help Microsoft move twice as much console compare to the PS3.
Sony decision not to cut the price of the PS3 turns out to be a very bad decision. I am not surprise if Sony's shareholder would vote to axe the Playstation.
Could PlayStation get the axe?
Jan 8 2009, 09:21 AM, updated 17y ago
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