Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Sony's "Back To Basics" PS3 Strategy

Posted by: Kenji Hall on September 20, 2007

Sony gaming chief Kazuo “Kaz” Hirai’s talk at the Tokyo Game Show doesn’t classify as a crowd-pleaser. There were new trailers for soon-to-be-released games, but no flashy or gorgeous animated sequences. And none of it got the audience buzzing. Hirai was, true to form, all business.

That’s actually a welcome change from his predecessor, Ken Kutaragi, who had people scratching their heads last year with his incomprehensible “vision” for the PlayStation 3. Hirai spent his keynote speech going over the company’s basic strategy on every game platform (PS2, PS3 and PSP). It’s clear he realizes that fun games are the key to his success. Question is, can he get enough developers to deliver for him before the yearend holiday season?

In an interview with Reuters, he expressed confidence that he could; that he could add more game studios (in addition to the acquisition of Britain’s Evolution Studios, announced today) to give Sony a better chance at it; that Sony would throw more marketing money at the problem; and that all those games should help his crew sell 11 million in the fiscal year through March 2008.

One surprise was that Sony didn’t cut the price of the PS3, as some analysts had predicted he would (which I referred to in my story yesterday). Another was that software is behind schedule: The virtual online world, Home, has been delayed from late 2007 until spring 2008, and top-selling series Gran Turismo 5 Prologue will now be released on Dec. 13, instead of October. But Sony is doing something about it. At Sony’s booth, there were more than 40 PS3 new titles for the PlayStation faithful to try, and the company plans to have plenty more by yearend. Let’s hope Sony makes sure the delays don’t hurt its chances in the console wars.

Reader Comments


September 24, 2007 4:14 PM

a little to late and a little out of date SONY

Post a comment



Bloomberg Businessweek’s team of Asia reporters brings you the latest insights on business, politics, technology and culture from some of the world’s biggest and fastest-growing economies.

BW Mall - Sponsored Links

Buy a link now!