Sony CEO: 'PlayStation 3 Production Problems Solved'

5.5 million PS3s now shipped

Posted by Staff
Howard's trying to resist punching the air.
Howard's trying to resist punching the air.
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.
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Comments

Joji 21 Jun 2007 12:29
1/8
That's cool Howard, but no ones buying them. Big difference between shipping and selling.
Zoot Alors 21 Jun 2007 12:31
2/8
I challenge SPOnG to run a story - ANY story - that this vapourhead cannot have an opinion on!
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Rutabaga 21 Jun 2007 13:05
3/8
"Sony creates world peace, solves 3rd world hunger & cures cancer"

Joji - "Yes but no ones buying PS3, rootkit, not supporting yaroze.... Waa Waaaa Waaaa BluRay Waaa Waaa"
ajmetz 21 Jun 2007 15:46
4/8
Ahh...it'll all be fine in a year or two, just bring out some decent games, won't you?
Dazzel 21 Jun 2007 15:58
5/8
Everyone likes to bash the PS3 but at least they haven't had the reliability issues that the 360 has had, I have both and the average lifespan of my 360 is about 5 months, I am currently awaiting it's return from the repair centre for the 3rd time since January last year after yet again being cursed by the "red ring of death", don't get me wrong I like te 360 as a console and I love playing it(when it's not being fixed), I'd just wish they would've finished developing it before going to market, my PS3 on the other hand has never missed a beat
OptimusP 22 Jun 2007 14:16
6/8
Great news! now they can make more PS3's faster which means more supply not being bought which will lead to price drops by Sony and retail chains which means more demand!

How fixing production problems can fix demand problems in the long run! That's how you win the console wars people! It's just that Nintedo's Wii is two steps above Sony in the supply/demand game.
Jules 23 Jun 2007 21:18
7/8
The PS3 is not going to move very far with its current price, $60 games and BluRay discs that cost $30 or more ($25 at the cheapest). Not to mention its grotesque bulky appearance that literally screams at you "I'M A PS3 AND I'M HERE, HERE, HERE! LOOK AT MEEEEE!" In comparison to a 360 that simply makes its presence known (without screaming at you) while sitting near a TV. And then our hermit friend the Wii that quietly sits on the side waiting for YOU to give it attention. Make the PS3 $300-$350 and it will start to sell better. Make it smaller and you've got a device that will win this generation. I have yet to buy one and probably won't until it is smaller, cheaper and RE5 is out.
icanseeu 24 Jun 2007 16:22
8/8
Jules wrote:
The PS3 is not going to move very far with its current price, $60 games and BluRay discs that cost $30 or more ($25 at the cheapest). Not to mention its grotesque bulky appearance that literally screams at you "I'M A PS3 AND I'M HERE, HERE, HERE! LOOK AT MEEEEE!" In comparison to a 360 that simply makes its presence known (without screaming at you)

you are joking arn't you?

the xbox 360 is louder then Concorde!!!!
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