RSS 2:23am EDT Mon 8th Sep 2008 239 online (71 members & 168 guests) PSU.com: News - PS3-PS3 is "out of the woods," says Stringer
AllPS3PSPPS2
Register | Why sign Up? Forgot password?

New PSU Articles

See Also

This article has been read 3,707 times

PS3 is "out of the woods," says Stringer

Posted on January 28th, 2008 at 06:57 EDT

Sony Corporation Chairman Sir Howard Stringer has said that he is confident in the increased drive of PlayStation 3 sales, declaring that the company’s next-generation console is firmly “out of the woods.”

Speaking to Reuters at the recent World Economic Forum, Stringer stated, "PS3 has now gone past Xbox on the Christmas market. It's moving into its own as it gets into higher bandwidth ... PS3 is out of the woods and beginning to hold its own.”

Despite this, he noted that the firm is keeping a close eye on the Japanese Yen, adding, “There is always an impact on exports. The yen is volatile ... We watch it with some anxiety.”

Stringer attributed these concerns to a weakened yen, which last week dropped 1.4 per cent against the EURO and 0.8 per cent against the dollar, according to reports from Bloomberg.

Source: CVG

Next: Sony offers 'no comment' on 80GB phase out reports

A representative for Sony Computer Entertainment (SCE) has refused to comment on speculation indicating that the company is planning on discontinuing its 80GB PlayStation...

User Comments

You must Login or Register to post comments
What are your thoughts?
posted 7:01am EST - January 28th, 2008
1

And now the reality starts to set in..

posted 7:25am EST - January 28th, 2008
2
whats all the mean exactly
posted 7:30am EST - January 28th, 2008
3

I think it's about the production costs... The production costs might increase if the yen decreases.

posted 8:30am EST - January 28th, 2008
4
Yes it certainly is turning the corner after a very bad year due to very bad press and very bad launch titles according to game journos, though i thought resistance was brilliant, and it's only now the sony fanboys are buying the ps3 due to a great 08 launch line up, and even more good news to get a ps3 is a test was done by techno’s to see the over all power of the ps3 and they found the ps3 10 × times more powerful than xbox 360 and 5 × times more powerful than the Geforce GTX 8800, fact go check for ourselves xbots @N4gamers.com, so xbots put that in your pipes and smoke it, ps3 cell is going to be awesome.
posted 8:30am EST - January 28th, 2008
5
Yes it certainly is turning the corner after a very bad year due to very bad press and very bad launch titles according to game journos, though i thought resistance was brilliant, and it's only now the sony fanboys are buying the ps3 due to a great 08 launch line up, and even more good news to get a ps3 is a test was done by techno’s to see the over all power of the ps3 and they found the ps3 10 × times more powerful than xbox 360 and 5 × times more powerful than the Geforce GTX 8800, fact go check for ourselves xbots @N4gamers.com, so xbots put that in your pipes and smoke it, ps3 cell is going to be awesome.
posted 8:30am EST - January 28th, 2008
6
Yes it certainly is turning the corner after a very bad year due to very bad press and very bad launch titles according to game journos, though i thought resistance was brilliant, and it's only now the sony fanboys are buying the ps3 due to a great 08 launch line up, and even more good news to get a ps3 is a test was done by techno’s to see the over all power of the ps3 and they found the ps3 10 × times more powerful than xbox 360 and 5 × times more powerful than the Geforce GTX 8800, fact go check for ourselves xbots @N4gamers.com, so xbots put that in your pipes and smoke it, ps3 cell is going to be awesome.
posted 9:00am EST - January 28th, 2008
7

About the yen.. He is talking about how the sinking value of the yen has an impact on the export. So if I understand it right he is concerned about the cost in the world outside Japan.

As an example: the 40 Gb costs 39980 JPY which is 376 USD today. Let's say that the yen drops 5% to the dollar. That will make the 40 Gb cost 396 USD instead. Making it harder to export from Japan.

 

Now, I don't know if the PS3 is only produced in Japan and if they are that dependent on export. Though, the article make it sound like it.

 

EDIT: of course it is also the other way around: import into Japan will be cheaper if the yen drops.

posted 9:18am EST - January 28th, 2008
8
passed xbox? cool, one down two to go, ( no im not including the d.s and all that nintendo d.s is not a console) next up crapbox3fixme.
posted 10:01am EST - January 28th, 2008
9
wow great news for the ps3
posted 11:37am EST - January 28th, 2008
10

psn id: gingo.... i think its clear ps3 is starting to pick up pace however i think it will be the end of next year before we see it surpass 360 sales and start catching up with wii

posted 1:04pm EST - January 28th, 2008
11

when it is all said and done with it will be the winner

posted 2:05pm EST - January 28th, 2008
12

Actually it has to do with the economy of US and how its affecting its neighboring countries right? I saw this on MSNBC about how other currency's are being affected.

posted 2:41pm EST - January 28th, 2008
13
To expand on what ephracis was saying.  The yen had risen recently which is concerning for exports from Japan.  Here's the logic:  If the yen drops from 100y: 1USD to 110y: 1USD then it costs more in Japan (10 yen more) to make something that still sells at the same price in the US (or EU or wherever- Australia I'm looking at you). 
I hope that makes sense for everyone

posted 2:51pm EST - January 28th, 2008
14

The PS3 will surpass the Xbox 360 this year,because all the killer games are coming out this year,blu-ray and a possible price cut?

posted 2:54pm EST - January 28th, 2008
15

ps3 is taking over and lots of ppeole now have um while those numbers are constantly rising =] yay

posted 3:19pm EST - January 28th, 2008
16

Dro-Z I wouldn't be that positive because if the new "killer games" come out and they suck, PS3 is going to officially be done.

 

posted 5:05pm EST - January 28th, 2008
17

what does it mean by pass the xbox, in sales, if so where

posted 5:10pm EST - January 28th, 2008
18

Can't wait to see how things look come December.

posted 11:15pm EST - January 28th, 2008
19
It means the OG Xbox, not the 360.
posted 3:43pm EST - January 29th, 2008
20

Good thing for Sony

Top Games: Call of Duty 4: Modern Warfare | Kingdom Hearts II: Final Mix | Pro Evolution Soccer 2008 | Need For Speed Pro Street | FIFA 08 | Grand Theft Auto IV | Assassin's Creed |
Top Cheats: Call of Duty 4: Modern Warfare Cheats | Resistance: Fall of Man Cheats | Rainbow Six Vegas Cheats | Ninja Gaiden Sigma Cheats |
PSU: Advertise | Contact | Staff | Jobs | RSS Feed | Wallpapers | Upload a wallpaper | PS3 Themes | Upload a PS3 Theme | PodCasts | Events | Game rankings
Copyright 2006-2008 GameBurst Media Ltd. All Right Reserved. Designed by Naveed Lalani.
Reproduction in whole or in part in any form or medium without express written permission of GameBurst Media Ltd. is prohibited.
Use of this site is governed by our Terms of Use and Privacy Policy .
Affiliates: Armchair Empire | Creative Uncut | Chapter Cheats | DarkStation | Free MMORPG | Gamers Brain | Game Cheats | Game Design | Gamerskrew | Gamers Europe | GamerZines | La PS3 | Max PS3 | PlayStation Portable | PS3 | Ps3 cheats | PS3 | Talk Xbox | Xbox 360 Cheats | Xbox 360 News | DarkZero | CheatHappens | NintendoSpin
eXTReMe Tracker