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Found 5 results

  1. It's the end of an era, folks. First, word came out that PlayStation Worldwide Studios head Andrew House was stepping down from his role at the end of 2017, then the beloved Kaz Hirai parody account known as @KazHiraiCEO would also be retiring from making jokes sometime in 2018. Now, the real Kaz Hirai -- the actual CEO of Sony -- has announced he will be stepping down from his role in March, though he will be transitioning into the role of chairman. Hirai has tapped current Sony CFO Kenichiro Yoshida as his successor in the CEO role. Though he's best known to PlayStation fans for his work on the video game brand, especially for his infamous 2006 E3 appearance ("Riiiiidge RACER!"), Hirai started at Sony Computer Entertainment America in 1995 and quickly rose through the ranks over the years, eventually succeeding Ken Kutaragi as President and Group CEO of Sony Interactive Entertainment Inc., and then Howard Stringer as President and CEO of Sony Corporation itself. Hirai bows out as he leaves Sony as a whole on a financial upswing, having helped restructure the company after years of losses and bringing it back into the black. Source: The Verge What are your thoughts on Kaz Hirai retiring from his role as Sony CEO?
  2. Steve Bitto

    The Playstation 4 is Already Turning a Profit

    Kazuo Hirai, President and CEO of Sony Corporation announced in a corporate strategy meeting last week that the Playstation 4 is already turning a profit. "PS4 is already contributing profit on a hardware unit basis, establishing a very different business framework from that of previous platform businesses." The importance of this from a business standpoint cannot be understated. After launching in November 2006, the Playstation 3 did not begin turning a profit until May 2010. What took the PS3 four years, the PS4 did in less than six months. This will certainly be beneficial for Sony's game division going forward. Kaz also noted that, "as of April 13, 47 [PS4] titles had been launched with a total of 20.5 million units being sold via retailers and over the network on the PlayStation Store." He reiterated that the PS4 had sold 7 million units as of April 6. As far as the future goes he pointed out that, "the key to the long term success of the platform lies in how solidly we can continue to grow the installed base." Sony's Playstation 4 is doing remarkably well so far but if they hope to continue the current growth rate they will need more AAA software. Sony's long term plans including AAA titles will likely be discussed at their E3 presentation, June 9. Until then stay locked on Game Podunk for more on the Playstation 4. Source: Sony
  3. Jason Clement

    PS3 Price

    From the album: Editorial/Feature Images