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Sony: not affected by economy, anticipating PlayStation Home

Posted Dec 11, 2007 at 09:49AM by Isaac C. Listed in: News Tags: Microsoft, Sony, Howard Stringer, Black Friday, Playstation Home
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Sony Corp. - Image 1 

The US economy has been on shaky ground lately, but Sony Corporation assures that the company's electronics line is unaffected. Chief Executive Howard Stringer cites Black Friday sales as a good indication of this, saying that PS3 and PSP sales were "very good."

Black Friday sales usually give a fair idea of how holiday sales would turn up and Sony did have a fine Black Friday growth indeed. Stringer is also optimistic for the arrival of PlayStation Home, which he sees as a key factor in the company's growth.

PlayStation Home, he says, "[will] put us in the direct line of fire with Apple Inc and Microsoft Corp," with both major companies offering non-gaming media services such as music and movie downloads. There's been a lot of excitement surrounding Home and might cause quite a stir on its release but we'll have to wait a bit more to see what happens.

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