Gadgetell | Tech News, Reviews, and Interesting Things

Sony: Once an electronics giant that ruled the portable music market, is getting hit once again.  Here’s a round up of all the fun happenings in the world of Sony. 

Even Japan isn’t buying Sony products

Sony has usually done very well in its home country of Japan.  National pride has given way to the recession.  Consumers are now buying more and more products from China and Taiwan.  Obviously, they are still looking for quality products, but brand-loyalty may not overcome a higher price tag.  [Source]

Sony Ericsson expects a loss

Sony’s joint venture with LM Ericsson, Sony Ericsson, has announced that they expect to take a loss in Q1 somewhere in the range of $465 million to $533 million.  Sony Ericsson is well known for making very cool handsets that I have rarely seen in the real world.  [Source]

PS3 isn’t selling too well

The Nintendo Wii is the top selling console of February and the Xbox 360 is experiencing an increase in sales.  Sony’s PS3 on the other hand, isn’t selling as well.  Sales of the PS3 are down by 1.7% as they sold 276,000 units.  Nintendo sold 753,000 units and Microsoft sold 391,000 units.  As you can see, there’s a large gap for Sony.  [Source]

Good news?  Sony freezes pay

If you’re not a manager at Sony, your pay is going to be frozen.  Bonuses for factory workers and staff will be cut.  Maybe this will help Sony manage costs to get itself back in order.  [Source]