Jimmy Goodwin

Is There Still Hope for Sony?

O yes, this is early days, Playstation 3 is a baby, developing fast, its part of a 10 year plan. PS2 has huge user base, many of which will migrate to PS3 in future, the PS2 is still selling well considering its age. 360 and Wii are really being pushed by the more natural progression of the PS3, every six months they are forced to innovate heavily, but credit where due, they are and look competitive for the next six months. Fact is, all three consoles are sitting pretty at the moment, its all good. 08/02/08

Is There Still Hope for Sony?

This article belongs on gaming news or blog, not financial boards.

OK, first of all, your title "Is There Still Hope for Sony?", then you go on to talk only about the Playstation 3, which is a small part of Sony's business, less than 15% of it in fact.

Second, your title is misleading, you point out Sony are failing to reach their potential, this doesn't translate into a company failing. Having great potential is a plus in my books. Their balance sheet shows Sony has had a turnaround, back on track and looking better than it has done in years.

You take Sony's strength's and potential strength's and turn them into negative's. Some how you make out that its a bad thing for a company to have the ability to leverage media to boost sales, have a monopoly over the increasing popular high definition disk, etc.

BTW, if you want to talk about the PS3.. Its looking better than ever, so why the negativeness? Production costs have come right down, slim version already in works, 'Home' on its way, Movies on demand just arrived, monthly sales overtaken Xbox and quality of games ever increasing.

PS3 should be dominating by now, but its not due to the mistakes you point out. I think everyone knows this by now, most of the weakness you point out are either solved or Sony have stumbled through and survived. Yes, they need to keep the ball rolling in this game of catchup and E3 was a worrying sign they are underestimating the continuous effort needed. That's what this article is mainly about, a little worry and living in the past. But don't worry, tense competition makes everyone, even the winners worry and feel a little nervous for the future. Its all good, PS3 is playing catchup and doing excellent, sales improving, everything improving, its turned into a wonder box, something we always doubted it could be. Its fantastic, but try not to get too emotionally involved, this will only lead you to sell at the slightest dip in the progression chart on its pathway to glory.

Sky Works - Cramer's Lightning Round (6/10/08)

aapl broke $177 support and its a long way down. I don't think the stock will rebound till apple see some solid sales figures from the 3G iphone or a new apple product.

Great strides taken in past year, but their superb iphone is merely replacing their ipod sales, 90% of products are overpriced and the rest of their products have at least one major flaw.. laptop(no enet port), AppleTV(read any review), desktops(lacking software support).

Gaming Demand: Halo 3 Snipes GTA4; Wii Still Dominates Consoles

Ricky Gervais is in GTA4, of course it will outsell Halo 3.

Blu-ray's Fatal Flaw?

If Sony could go back in time, they wouldn't have wasted money in Blu-ray. Not only has it caused them massive debt to date, they had to sell off any would be profits to recruit supporters for the Blu-ray camp vs HD-DVD, supporters which now hold direct rights of Blu-ray and are in direct competition of Sony. Needless to add piracy and digital media to the equation.