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Author Topic: Sony Shares fall fron news of PS3 overheating  (Read 1301 times)
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Arkon
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« on: October 04, 2006, 12:10:05 PM »

http://www.theglobeandmail.com/servlet/story/RTGAM.20061003.gtsony1003/BNStory/Technology/home

Interesting news.  Looks like stockholders are really starting to get nervous, a 3% drop in shares after news broke that PS3's were overheating and needing to be reset fairly often at TGS.

And didn't realize how bad it has been for Sony...

Quote
Earlier in the day, investment firm Goldman Sachs Group Inc. lowered Sony's stock rating to "neutral" from "buy," citing confusion over the release of PlayStation 3 and concerns that disappointing sales of PlayStation Portable may weigh on its earnings in electronics operations more heavily than expected.

Sony denied that there was any technical problem with the PlayStation 3.

But the company's stock tumbled 130 yen ($1.11), or 2.75 per cent, to 4,600 yen ($38.98) on the Tokyo Stock Exchange.

The problems come in the midst of Sony's widely publicized turnaround effort under its first foreign chief executive Howard Stringer.

It has been hit with mounting extra costs after some 7 million of its laptop batteries have been recalled on fears they could catch fire.

Desperately trying to catch up to Apple Computer Inc.'s iPod in portable music players, Sony said last month it was delaying the Japanese release of its new digital Walkman by a week until Sept. 23 because of a malfunction of an unspecified part.

It is also fighting to make a comeback in flat-panel TVs after falling badly behind Samsung Electronics Co. of South Korea and other rivals. 

Sony shares have plunged over 20 per cent since April, before the company's battery recall woes. At the start of the year, shares were at 4,730 yen.
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« Reply #1 on: October 04, 2006, 12:29:57 PM »

There's an article in last month's Wired asking 'Can the PS3 Save Sony?' 

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Soulchilde
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« Reply #2 on: October 04, 2006, 12:41:58 PM »

I don't think that Sony is in big trouble with the PS3.  My opinion the PS3 won't do really well in the US until they do a price drop...if they can do a price drop.  Japan will still be Sony bread and butter
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Arkon
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« Reply #3 on: October 04, 2006, 01:11:50 PM »

Quote from: Soulchilde on October 04, 2006, 12:41:58 PM

I don't think that Sony is in big trouble with the PS3.  My opinion the PS3 won't do really well in the US until they do a price drop...if they can do a price drop.  Japan will still be Sony bread and butter

Not so sure about that, I think PS3 will really have a tough time beating the Wii in Japan.
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« Reply #4 on: October 04, 2006, 01:30:50 PM »

Well the good news is they came up with a really cool name for their new gamepad... it's the "Sixaxis"!  Yeah that just rolls off your tongue.

And the reason they aren't including rumble?  According to Kaz Hirai it's "to be able to present the controller to the consumer at an affordable price".  And if they did include both rumble and motion-sensing?  That would be "doing the consumer a huge disservice".

Nice to know Sony is concerned about the consumer's wallet.
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« Reply #5 on: October 04, 2006, 02:14:09 PM »

I think the next gen of consoles are going to have to be much bigger than the 360's and PS3.  They'll almost have to be in order to properly cool everything that they are trying to stuff into a small case.
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« Reply #6 on: October 04, 2006, 03:07:44 PM »

i think the wii will definetly take second place in the 3 consoles,maybe even first if it can catch up to the year long head start that microsoft have had
ps3,i do still think it will do reasonably well(better than gamecube IMO)..but because of the price range it will suffer and will be last in the three(microsoft have the years head start and nintendo have the friendly price package)...and of course there is still the fact that BLU-RAY may not win the next DVD gen fight

(just  a thought:-if BLU-RAY did win next round,i wonder if microsoft would accept defeat in that subject and release a stand alone BLU-RAY player to attatch to the 360,like they did with the HD-DVD)
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« Reply #7 on: October 04, 2006, 07:53:22 PM »

that's old news... if HD-DVD falls flat, MS is willing to go BR for movies (only). They didn't want to tie themselves to a format war with their own drive, which explains the decision to stick with DVD-9.
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« Reply #8 on: October 04, 2006, 08:02:22 PM »

Format war is over.. They can package multiple formats on a single DVD.

http://tinyurl.com/qo4dc

AMSTERDAM, Sept 26 (Reuters) - The format war around next generation DVDs may be over before it has begun.
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« Reply #9 on: October 04, 2006, 08:16:01 PM »

Interesting article but that doesn't mean the format war is over. When you take into account that Sony has their own movie studios, does anyone honestly see them releasing them on a disc that has anything to do with supporting their competition? It'd be like them porting sony made playstation games over to the xbox. It's just not going to happen.. unless HD-DVD comes out the clear winner and Blu-Ray just can't catch up.

IMO there will be a winner and one of them will become obsolete, it's just a matter of time and when the prices of the players are affordable to the mainstream.
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« Reply #10 on: October 04, 2006, 08:36:18 PM »

I will come down to the adult film industry just like VHS/Beta did.

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« Reply #11 on: October 04, 2006, 09:45:03 PM »

You know, I really don't know if I want to see porn in super high-def.  There's something to be said for an acceptable level of blurring.

That technology will certainly help all of the studios who are caught in the middle of this "war."  But eventually it will come down to one or the other.  And from the article it states that there will be a licensing fee for that technology as well.  So will a manufacturer have to pay a fee for BD, HD-DVD and this combo tech?
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« Reply #12 on: October 05, 2006, 01:40:58 AM »

Quote from: denoginizer on October 04, 2006, 08:36:18 PM

I will come down to the adult film industry just like VHS/Beta did.

With the interweb and all these days, I'm not so sure that will be as much of a factor. 
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« Reply #13 on: October 06, 2006, 04:49:03 PM »

The PS3 beta kits were hot enough to see heat coming off them.  The two times I've seen the production PS3s up close, they didn't work and Beta kits had to be used.  Couple this with my PS2 beginning to fail at home and I have little faith at this point....
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« Reply #14 on: October 06, 2006, 05:13:06 PM »

Quote from: Knightshade Dragon on October 06, 2006, 04:49:03 PM

The two times I've seen the production PS3s up close, they didn't work and Beta kits had to be used.

Ahh...that would explain why they are reported to be so quiet... :icon_confused:
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« Reply #15 on: October 06, 2006, 05:17:38 PM »

Quote from: Knightshade Dragon on October 06, 2006, 04:49:03 PM

Couple this with my PS2 beginning to fail at home and I have little faith at this point....

How long have you had it? is it a slim?
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« Reply #16 on: October 06, 2006, 05:28:39 PM »

Quote from: ATB on October 06, 2006, 05:17:38 PM

Quote from: Knightshade Dragon on October 06, 2006, 04:49:03 PM

Couple this with my PS2 beginning to fail at home and I have little faith at this point....

How long have you had it? is it a slim?

This is my.....6th (I think) PS2.  It's a V4 that I purchased from a friend as it was outside my extended warranty timeframe.  I absolutely dread the idea of buying another one so close to the PS3 lauch.
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Darren8r
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« Reply #17 on: October 06, 2006, 06:00:02 PM »

Quote from: Knightshade Dragon on October 06, 2006, 05:28:39 PM

Quote from: ATB on October 06, 2006, 05:17:38 PM

Quote from: Knightshade Dragon on October 06, 2006, 04:49:03 PM

Couple this with my PS2 beginning to fail at home and I have little faith at this point....

How long have you had it? is it a slim?

This is my.....6th (I think) PS2.  It's a V4 that I purchased from a friend as it was outside my extended warranty timeframe.  I absolutely dread the idea of buying another one so close to the PS3 lauch.

Geez, you guys must have bad luck, I'd had my same original PS2, fatty edition. Since well about a year after launch. No signs of failing or anything like that.
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« Reply #18 on: October 06, 2006, 06:03:04 PM »

Quote from: Knightshade Dragon on October 06, 2006, 05:28:39 PM

Quote from: ATB on October 06, 2006, 05:17:38 PM

Quote from: Knightshade Dragon on October 06, 2006, 04:49:03 PM

Couple this with my PS2 beginning to fail at home and I have little faith at this point....
How long have you had it? is it a slim?
This is my.....6th (I think) PS2.  It's a V4 that I purchased from a friend as it was outside my extended warranty timeframe.  I absolutely dread the idea of buying another one so close to the PS3 lauch.

Odds are (assuming it's not one of the mini-PS2s) that the CD lens is out of whack. That's thankfully an easy enough adjustment (as I've had to do it myself once already). Just have your troubled games nearby and a screwdriver or two. Now, where did that site go that I used to walk me through fixing the thing...
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« Reply #19 on: October 06, 2006, 07:34:03 PM »

Quote from: Darren8r on October 06, 2006, 06:00:02 PM

Quote from: Knightshade Dragon on October 06, 2006, 05:28:39 PM

Quote from: ATB on October 06, 2006, 05:17:38 PM

Quote from: Knightshade Dragon on October 06, 2006, 04:49:03 PM

Couple this with my PS2 beginning to fail at home and I have little faith at this point....

How long have you had it? is it a slim?

This is my.....6th (I think) PS2.  It's a V4 that I purchased from a friend as it was outside my extended warranty timeframe.  I absolutely dread the idea of buying another one so close to the PS3 lauch.

Geez, you guys must have bad luck, I'd had my same original PS2, fatty edition. Since well about a year after launch. No signs of failing or anything like that.

I suspect that I play my PS2 a bit more than the norm. slywink
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