Sony CEO Howard Stringer has conceded that the company must explore new ways of boosting profits in order to "offset the performance of the PlayStation 3".
Sony's chief financial officer, Nobuyuki Oneda, has warned that the games sector "is weak" and presents "a major challenge" after the company posted a drop in profit of more than 90 per cent.
The Hong Kong retailer points out a number of contradictions in Sony's public statements, as it counts the cost of a closure forced, it says, by Sony lawsuits.
Sony's head of Worldwide Studios, Phil Harrison, has defended the company's decision to include a motion-sensing feature in the PS3 controller and leave out a vibration function.
Production issues continue to plague Sony, as the firm expresses its doubts that it may not be able to meet its intended shipment figures for the PlayStation 3.
The launch date for Sony's first standalone Blu-Ray player, the BDP-S1, has been pushed back yet again - meaning the machine won't now arrive until the PS3 is already in shops.
Sony has told <i>GamesIndustry.biz</i> that the company will provide a service to replace wireless PS3 controllers "when and if" their lithium batteries degrade.
The PlayStation 3 price reduction in Japan and a delay to the hardware launch in Europe, as well as poor PSP sales and a global battery recall, have forced Sony Corp to reduce its income forecasts for 2007.
Speaking exclusively to <i>GamesIndustry.biz</i> Sony Europe has categorically denied reports that the PS3 hardware has suffered any problems due to overheating.
The PAL delay of the PlayStation 3 could hurt revenues for publishers hoping to have taken advantage of a worldwide pre-Christmas launch of the console, with a potential 500,000 European gamers no longer viable consumers.
Jamie MacDonald, VP of SCE Worldwide Studios Europe, has told <i>GamesIndustry.biz</i> that he believes digital distribution will overtake discs within the next five years.
Sony's Phil Harrison has stated that the decision to include Blu-ray functionality in PlayStation 3 has not burdened the console with 'unnecessary cost' - but there are still no plans to cut the price of the console in PAL territories.