Filed at 3:35 p.m. ET
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NEW YORK (Reuters) – Sony Corp said it cut the price of its older video game console, the PlayStation 2, by 23 percent to $99.99, in an attempt to woo budget-minded families.
The price cut, effective April ОФИС-МЕНЕДЖЕР, could sustain the life of the PS2, which has sold [...]
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Filed at 8:34 a.m. ET
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HELSINKI (Reuters) – Sony Ericsson sparked fresh fear of crumbling consumer demand on Friday when the world’s No 4 handset maker said it would sell barely half of the phones it sold last quarter.
Shares across the wireless sector dropped sharply on the news — compounded by smaller [...]
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SAN FRANCISCO — Aiming to outdo Amazon.com and recapture the crown for the most digital titles in an e-book library, Sony is announcing Thursday a deal with Google to make a half million copyright-free books available for its Reader device, a rival to the AmazonKindle.
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Daniel Acker/Bloomberg News
The Sony Reader device is [...]
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TOKYO — The Sony Corporation said Friday that Howard Stringer, its chief executive, would succeed Ryoji Chubachi as president in a move that would give the chief a freer hand in restructuring the electronics giant.
Sony will also reorganize its electronics and games divisions to better integrate the company’s sprawling businesses.
The changes will enable Sony to [...]
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THOUSAND OAKS, Calif. — Sony makes televisions, video-game machines and movies, but it has always had a hard time encouraging its various divisions to cross-promote one another’s products.
Skip to next paragraphRelatedBits: Sony Pushes Better Cinema Through Digital (February 19, 2009)
The company recently announced that it would close one such effort — its sole [...]
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Filed at 1:11 a.m. ET
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TOKYO, Jan 29 (Reuters) – Sony (NYSE:SNE) Corp swung to a quarterly operating loss and reiterated a forecast for its first annual loss in 14 years, battered by a firmer yen and weaker demand while highlighting deepening woes at the electronics conglomerate.
The announcement was expected as the [...]
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HONG KONG– Sony and Toshiba on Thursday reported losses for the last quarter, and Nintendo lowered its profit forecast, as the current earnings season revealed the extent of the erosion in corporate and consumer demand.
Sony warned last week that it expected a full-year operating loss of 260 billion yen, [...]
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Filed at 9:13 a.m. ET
STOCKHOLM, Sweden (AP) — Mobile phone maker Sony Ericsson on Friday said it fell to a euro187 million ($245 million) loss in the fourth quarter, mainly because of a 23 percent drop in sales due to the financial crisis.
The Sony Corp. and LM Ericsson AB joint venture reported the net loss [...]
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HONG KONG — Stocks in Japan’s leading electronics companies fell sharply on Tuesday amid reports that the industry giants Sony and Toshiba would report operating losses in the current financial year, as plummeting demand and a strong yen took their toll on sales.
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Filed at 3:04 p.m. ET
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SAN FRANCISCO (Reuters) – Fourteen of the world’s largest mobile phone and chip makers, including Sony Ericsson, Vodafone Group Plc and ARM Holdings Plc, joined the Open Handset Alliance on Tuesday to support the Android mobile device platform developed by Google Inc.
The new members’ pledge to back [...]
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