Profit Slips at Sony on Losses for PlayStation 3 - New York Times

 More trying times for Sony

Sony and its chief executive, Sir Howard Stringer, had hoped the PlayStation 3 would become the company’s latest “champion product,” much like the console’s predecessor, which has topped 106 million in sales since 2000.

But so far, response has been mixed since PlayStation 3. While Sony says that it has met its targets of shipping one million units in each of the two markets, analysts have pointed to signs of disappointing sales.

And no other products with superstar potential are visible in the Sony pipeline.

Source: Profit Slips at Sony on Losses for PlayStation 3 - New York Times