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News

  Sony's Reeves: Profitability Is First Goal For 2009
by Leigh Alexander
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January 6, 2009
 
Sony's Reeves: Profitability Is First Goal For 2009
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Once Sony tackles its profitability struggles, it can focus on games and new services for the PlayStation 3, says Sony Computer Entertainment of Europe president David Reeves, who notes that making money is short-term priority one for the console.

"The most important thing for us as a company in the very short term is for us to start making money," Reeves says as part of a new UK PlayStation.com article.

Reeves also suggests the goal is within reach for Sony: "This is a pledge that was made last March and is something that we are still very much on target to achieve."

"Once we have achieved this, I think it will be a very exciting time for PlayStation. Once we have alleviated that specific pressure, we can move forward at a rate of knots."

In a weblog post rounding up the hopes for 2009 of various Sony executives and PlayStation 3 developers, Reeves says he's most looking forward to the release of Guerrilla's Killzone 2 and Quantic Dream's Heavy Rain, "whilst we have the music and video download service becoming available towards the end of the year."

Reeves also anticipates PSP titles to "take full advantage of the new enhanced screen," while Sony Worldwide Studios president Shuhei Yoshida, in the same article, calls 2009 "the year of big, exclusive PS3 titles", referencing games such as Killzone 2, inFamous, Heavy Rain, MAG and virtual pet sim EyePet.
 
   
 
Comments

Mike Lopez
6 Jan 2009 at 3:18 pm PST
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"No soup for you. One year."

Translation: no imminent price cuts on PS3. Good luck with that, Sony. The 360 gap is only bound to grow.

Tony Huynh
6 Jan 2009 at 9:54 pm PST
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This might also mean there may be substance to the layoff rumors. If there is one way to get to short term profitability it is laying people off.

Luke Icenhower
9 Jan 2009 at 10:40 am PST
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Translation: "We're trying very, very hard to stop making stupid business decisions."

I love Sony, love the PS3, but they REALLY need to get in touch with what the gaming community wants right now. First of all, they could seriously do better than a lame trophy system that brings nothing to the table when the 360 contends with an achievement point system that actually gets you tangible rewards. And Home is quite possibly the worst execution of an already mild idea. So when do we get something that really utilizes the horsepower that machine is toting, huh?


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