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Sony to post $3.2 billion annual loss

May 24th, 2011

Sony Chief Financial Officer Masaru Kato announced to the press on Monday that the company expects to post an annual loss of $3.2 billion for its fiscal year ending in March 2011 — the second largest loss in company history. The news comes as yet another blow for the Japanese consumer electronics giant, whose online …

Video game sales elude April showers, grow 20%

May 13th, 2011

Consumer electronics tracker NPD Group on Thursday released its tallies for the U.S. gaming industry, revealing continued console sales growth and rebounding software sales. Last month, sales of video game software dipped to $735.4 million from $875.3 million in March 2010. While sales shrank sequentially, as they do in April in many industries, gaming software …

Sony drops price of PSP in Europe

April 9th, 2011

Sony has officially dropped the suggested retail price of the PSP in Europe to €129.99 ($187.29). This follows the company’s February 25th announcement that it was slashing the price of its gaming system to $129.99 in the United States. Sony also said that — beginning on April 14th — PSP owners will be able to …

Sony Ericsson launches Xperia PLAY in 11 markets (not U.S.)

April 1st, 2011

Sony Ericsson on Friday launched its highly anticipated Xperia PLAY smartphone in 11 markets today, with six additional markets to follow over the next two weeks. Alongside 60 games, the Android-powered Xperia PLAY smartphone — known ahead of its official announcement as the “PlayStation Phone” — is now available in the U.K., Germany, Russia, Hong Kong …

Sony Ericsson’s new Xperia PLAY promos are… hilarious [video]

March 23rd, 2011

Dear ad firm that put together Sony Ericsson’s latest round of Xperia PLAY promos: thank you. In its latest effort to garner some attention for its upcoming gaming Goliath, Sony Ericsson brought actress and comedian Kristen Schaal on board to go over some of the Xperia PLAY’s finer points. In the spots, Schaal uses the …

NPD: Video game sales slide 5% in January, hardware down 8%

February 18th, 2011

Industry watcher NPD Group says sales of video game software in the U.S. declined by 5% year-over-year in January 2011, totaling $576 million. Console sales were down 8% to $324 million. On the back of continued strong sales of the Microsoft Kinect and PlayStation Move motion-based controllers, sales of video games accessories increased 6% year-over-year …

Hands-on with the Sony Ericsson Xperia Play and Xperia arc

February 16th, 2011

We just swung by the Sony Ericsson booth to get a glimpse at two of the company’s most exciting new handsets, the Xperia Play and the Xperia arc. Although we can’t say we’re too surprised that SE was showing off these two devices at Mobile World Congress — both handsets have been leaking like a soup strainer …

Sony Ericsson Xperia Play finally announced

February 13th, 2011

Sony Ericsson’s Xperia Play handset hasn’t exactly been a secret, but the journey ends (and begins) today, as it’s finally official. It’s the first Android device to feature Sony’s Playstation Suite gaming app and enviroment, and is scheduled to appear by the end of the year. The Xperia Play runs Android 2.3 Gingerbread and is …

Sony Ericsson to unveil Xperia Play on February 13th

February 7th, 2011

The worst kept secret in the cell phone industry is no longer a secret: Sony Ericsson officially outed the Xperia Play smartphone in a creepy commercial that premiered during Super Bowl XLV. Officially premiered, that is, since the spot was first revealed online last week as yet another slip in a string of leaks that …