The long, painful wait will soon be over. Sony (SNE) on Thursday evening circulated invitations to the press and bloggers for a press conference in New York City on February 20th. The company did not reveal any details, but it did confirm that we will “see the future” of PlayStation in a teaser video released alongside the invitations. Needless to say, we’re all expecting the company to unveil its next-generation PlayStation 4 video game console during the event, and multiple unnamed sources have reportedly confirmed as much to The Wall Street Journal. Recent rumors suggest the new PlayStation may launch in October with 16GB of RAM, 256GB of storage and 1080p HD resolution in 3D at 60 fps. BGR will be on hand covering the event live but in the meantime, Sony’s teaser video follows below. More →
Shares of Sony (SNE) and Nintendo (NTDOY) surged on Monday following a report from China’s official newspaper that claimed the country is considering the lift of a decade-long ban on video game consoles. An unnamed source told the China Daily newspaper that the Ministry of Culture is “reviewing the policy,” and has conducted surveys and held discussions with other ministries on the possibility of lifting the ban. An official at the ministry’s cultural market department denied the report in a statement to Reuters, however, claiming it “is not considering lifting the ban.” More →
Over the past year, Sony’s (SNE) PS Vita has been squeezed badly by the dazzling success of the Nintendo (NTDOY) 3DS and the overall contraction of the video game market in the United States and Japan. After a brief rebound in sales during the holiday season, the Vita’s lack of pulse became again painfully evident this week. As the winter doldrums hit the Japanese game market, the Vita’s unit sales collapsed to just 9,000 during the week ending on January 20th, according to Famitsu. This is far below the 15,000 units the portable console managed during the same period in 2012, a level that was deemed dangerously low a year ago. To make things worse, Vita’s ancestor console PSP just hit 15,000 unit weekly sales level, thanks to the latest Digimon title. It is not often you see a one-year old console being outsold by 60% by its seven year old predecessor. More →
2013 is a huge year for gamers. Nintendo (NTDOY) just launched the Wii U ahead of the holidays and both Sony (SNE) and Microsoft (MSFT) are expected to issue next-generation consoles before the year is through. We’ve seen plenty of rumors about both systems over the past few months, and the latest comes from Kotaku and focuses on Sony’s PlayStation 4. More →
Following the announcement of the Xperia Z smartphone earlier this month, Sony (SNE) on Monday unveiled the Xperia Z tablet. The 10.1-inch slate is equipped with a 1,920 x 1,200-pixel full-HD display, 2GB of RAM, a 1.5GHz quad-core processor and an 8.1-megapixel rear camera. The Xperia Z is also dust-proof and waterproof, and features 4G LTE connectivity, NFC, a micro SD slot and Android 4.1. The amazing part is that Sony managed to pack all these specs into an ultra-thin, lightweight frame. The Xperia Z is only 6.9 millimeters thick and weighs 495 grams, making it the thinnest and lightest 10-inch tablet in the world. Pricing details were not announced, however Sony revealed that the Xperia Z tablet will be available this spring.
With the rise of smartphones, the mobile industry has gone from ridiculously small devices to oversized handsets. Samsung’s (005930) original Galaxy Note was one of the first devices to blur the line between smartphones and tablets. The 5.29-inch handset was just the start of what would become the phablet phenomenon. Since then a number of manufacturers have announce devices with larger displays, the most recent being Sony’s (SNE) Xperia Z smartphone with a 5-inch screen. It would appear the company is looking to go even bigger, however. More →
Sony (SNE) on Thursday announced that it has entered into an agreement to sell its famed 550 Madison headquarters in New York City. The 37-story building is being purchased by a group of investors led by The Chetrit Group, a New York-based company the owns a number of commercial properties in New York City and other major U.S real estate markets, for $1.1 billion. The sale will help Sony pay off debt and is expected to generate net cash proceeds of about $770 million. BGR exclusively reported Sony’s plans for the sale last October, noting that the company was originally trying to sell the property for between $1.5 billion and $2 billion. As part of the terms of the agreement, Sony will remain in the building as a tenant for up to three years. The transaction is expected to close in March.
Sony (SNE) and Microsoft (MSFT) are both expected to announce their next-generation gaming consoles at the Electronics Entertainment Expo in June, or even a little before then. While we have seen rumored specs for both the PlayStation 4 and the Xbox 720, one thing that has escaped us is a possible price tag. In a research note to investors on Monday, Colin Sebastian of Baird Equity Research suggested that both consoles could retail for between $350 and $400 in the U.S., Games Industry International reported. The analyst revealed that during the Consumer Electronics Show last week he spent time “with a number of companies involved in video game development and distribution,” who informed him that the next-generation consoles will be “largely built from ‘off the shelf’ high-end PC components, along with hybrid physical/digital distribution models, enhanced voice controls and motion sensing, and broad multi-media capabilities.” More →
A Sony (SNE) executive may have revealed the company’s upcoming plan to announce its highly anticipated PlayStation 4 console. Hiroshi Sakamoto, deputy senior general manager of Home Entertainment at Sony, said in an interview with Chilean news website Emol that the company could announce its next-generation gaming console in May. It had previously been speculated that both Sony and Microsoft (MSFT) would unveil their latest consoles at the Electronic Entertainment Expo in June. An earlier announcement would allow the PlayStation 4 to receive more press, however, rather than competing with the Xbox 720. Sakamoto said that an “announcement may be in [E3] or even earlier in May,” adding “in that time we expect to deliver great news, but we must wait until May at least.“
Gaming consoles had a rough year in 2012 as sales reached 34 million units, a 24.4% decline from 2011. Research firm IDC believes that sales will rebound in 2013 and 2014, however. It is predicted that with the Wii U and the rumored launch of Microsoft’s next-generation Xbox console, consoles sales will increase in 2013 by 10.1% to 37.4 million units. Sales are expected to further increase in 2014 to 44.6 million units, representing growth of 19.1%. More →
Unlike rivals LG (066570) and Samsung (005930), Sony (SNE) still thinks the Consumer Electronics Show is a worthy place to unveil new smartphones. Sony on Monday officially took the wraps off its new Xperia Z smartphone that features a 5-inch full HD “Reality Display” with a resolution of 1080 x 1920 pixels, a Snapdragon S4 Pro 1.5GHz quad-core processor, a 13-megapixel camera and Android 4.1 Jelly Bean. Sony is also releasing a slightly smaller version of the Xperia Z, known as the Xperia ZL, in “select markets.” Both devices are slated to launch in the first quarter of 2013 and no pricing information is yet available.
Sony’s (SNE) CES 2013 press conference is scheduled to start at 8:00 p.m. Eastern on Monday evening, but one of the stars of the show is anything but a mystery. Press images and even a full review of Sony’s upcoming Xperia Z phablet already hit the Internet last month, and now a fresh round of leaked images has been published by Chinese gadget site Digi-wo.com. Xperia Z spec highlights include a 1080p HD display, a quad-core processor, 2GB of RAM, a microSD slot and a 13-megapixel camera, and Sony is expected to announce launch details during Monday night’s event.
Sony (SNE) on Tuesday tried to get out ahead of rival smartphone manufacturers in 2013 by showing off pictures of its two new Xperia smartphones. Per Engadget, Sony has put out pictures of both the Sony Xperia Z and the Xperia ZL ahead of their rumored launches later this month. We first got leaked details of the Xperia ZL this past fall back when it was codenamed “Odin” and was revealed to have a 5-inch display with a resolution of 1920 x 1080 pixels, a quad-core 1.5GHz Qualcomm Snapdragon S4 Pro processor and 2GB of RAM. The Xperia Z, which had previously been known as the “Yuga”, features very similar specs to the ZL including a 5-inch display with a resolution of 1920 x 1080 pixels, a quad-core processor, a 12-megapixel camera and 2GB of RAM.