Howard Stringer, CEO of the Sony Corporation, said of the PS3, “All the production problems have been solved,” at the company's annual general meeting.
Stringer dismissed claims that the PS3 is floundering, telling 6,700 assembled shareholders that 5.5 million of the consoles have been shipped since its launch last November. Of course, the number shipped is categorically not the same as the number sold out of retail, but Sony's not telling on that front.
“We are making a comeback already. PlayStation 3's going forward will be vital to our future and we will succeed,” Stringer added. SPOnG can only hope that his statement was followed by a heartfelt 'Hurrah!' and much punching of the air from all assembled.
The lack of horror stories describing extreme shortages of PS3 hardware do seem to have become a thing of the past, with Sony managing to ship an impressive
220,000 PS3s to the UK at launch.“To be fair on PlayStation 3,” Stinger said, “the pattern of all the PlayStations has been repeated. We always lose money on the hardware initially, and we recover that money in great numbers on the software.”
It's a fair point. What Stringer didn't mention, however, is that a PlayStation has never entered a marketplace a year behind a strong hardware contender like the 360.
Sony reported recently that it has sold
1 million PS3s in Europe, although sales have been
falling below the “psychological”10,000 weekly mark in Japan.