Sony's new financials paint a grim picture. Can its new boss reverse its dire fortunes?

Sony has debunked rumours of an immiment PlayStation 4. Awww...

Sony's PSP successor will be released this year.

Thank you, Captain Obvious. “I think we did cater for a market, albeit not as big as the traditional PSP-3000 market,” Kaz Hirai told MCV. “It is the first time we have done that with any of our devices, and we did get a lot of feedback, both good and bad. Do you think maybe that some of the feedback …

Nintendo’s 3DS had a really good showing at E3. It caused stampedes of gamers trying to get in to the long queues to play the device. By all accounts it works – and it works really well. Despite that, and despite not actually seeing or using the device himself, Sony’s Kaz Hirai has downplayed the technology, calling it imprecise. Last …

Xbots of the universe rejoice, Sony Computer Entertainment has announced it will be closing down on the 1st of April 2010. That’s it, the war is over we can all go home now… Oh in other news Sony has announced it is creating a new department that will be responsible for entertainment and personal computing entitled SNEP… Sony Network Electronics …

This holiday season past (boo!) was expected to be a bumper one for the Playstation 3, thanks largely to the launch of the reduced cost PS3 Slim – and the stellar line-up of games the system has on offer. At CES, resident Sony space cadet Kaz Hirai confirmed just how well the PS3 had done this holiday – and it’s …

First up I think it’s about time Sony gave these things a name. The most common name for their upcoming motion controller is The Wand but I have heard some of the dev’s calling it The Globe and to be honest I prefer that one. Anyway at TGS this morning Kaz Hirai has been giving the keynote speech and one …