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Sony (SNE) dreams for PS3 die hard
BloggingStocks — ... According to The Wall Street Journal, US sales of the PS3 fell 19% in November. The paper writes "The sales decline is a heavy blow to Sony, which was banking on the video-game division to provide a bright spot as its core electronics business is hit by the global economic downturn.: ...

First Bytes: Holiday Shopping Numbers, Good and Bad
Tech Observer — Online sales suffered less than traditional retailers this Christmas, but still suffered. [The Wall Street Journal] Apple iPhone applications sales boom on Christmas and after. [Silicon Alley Insider] Hope fades for Sony's PS3 game console as a comeback player. [The Wall Street Journal] Will Florida become the next hotbed of venture capital? [The New York Times] Seagate wins in patent dispute with Siemens. [Silicon Valley Business Journal]Related Links RIM Up, Palm Down in Tech ...

Sony PS3 Holiday Sales to be disapointing
I4U News — ... News Sony PS3 Holiday Sales to be disapointing The first preliminary sales numbers of the Sony PS3 console for the Holiday shopping season paint a grim picture. Apparently PS3 sales are down fell 19% last month from a year earlier according to NPD Group. The analysts predict for this month flat or lower sales compared to 2007 according to WSJ . It looks like all of Sony's bets for the PS3 did not come through: 1) PS3 Blu-ray bet: Blu-ray adoption actually happens now through low-cost players and not through the PS3 anymore. HD streaming of video is real and offered by ...

PS3: Sony’s First Person Foot-Shooter
Digital Daily — ... And nowhere is that more apparent than in the the company’s video game division which really should be the shining star in Sony’s core electronics business. Sales of Sony’s Playstation 3 console fell 19 percent year-over-year in November, according to NPD. This, while sales of Microsoft’ Xbox 360 rose 8 percent and sales of Nintendo’s Wii doubled. US consumers purchased 2 million Wii consoles and 836,000 Xbox 360s last month. But, they bought just 378,000 PS3s. ...

PS3 Holiday Sales Lower Than Last Year [Gloomy Forecast]
Kotaku — ... cutting prices would push the company even more into the red. It's a catch 22 that must weigh heavily on the bosses over at Sony. Cut prices for greater losses in the hope that it will generate enough sales to compensate for the difference. Greater sales equals a larger install base which equals more PlayStation 3 exclusives to keep the fans happy. Here's hoping Sony can pull out of the dive it's taking financially and reach the heights of success it's lovely black console deserves. Hope Fades for PS3 as a Comeback Player [Wall Street Journal]

WSJ: Lower PS3 Holiday Sales Equal Fading Hope [Gloomy Forecast]
Kotaku — ... cutting prices would push the company even more into the red. It's a catch 22 that must weigh heavily on the bosses over at Sony. Cut prices for greater losses in the hope that it will generate enough sales to compensate for the difference. Greater sales equals a larger install base which equals more PlayStation 3 exclusives to keep the fans happy. Here's hoping Sony can pull out of the dive it's taking financially and reach the heights of success it's lovely black console deserves. Hope Fades for PS3 as a Comeback Player [Wall Street Journal]

Sony's PS3 seen losing ground this holiday; Nintendo boosting Wii video
The Seattle Times: Microsoft Pri0 — ... The Wall Street Journal's report today on the woes in Sony's gaming business is likely bringing smiles to faces in Redmond, where rivals Microsoft and Nintendo of America are based. ...

Mainstream Media Drives Nail Into PS3 Coffin (SNE)
Silicon Alley Insider — PS3 fanboys: We hate to say "I told you so," but, well, we told you so -- Sony's (SNE) PS3 is on the rocks. The WSJ today runs the story: "Hope Fades for PS3 as a Comeback Player" Early results from this holiday season aren't promising. U.S. sales of the PS3 fell 19% last month from a year earlier, while sales doubled for the Wii console and rose 8% for the Xbox 360, according to research firm NPD. Analysts say they expect PS3 sales for this month to be flat or lower than last year, while sales for its rivals are likely to rise. And Sony may not ...

PS3 settling in as #3 gaming console
Yahoo! Tech Advisors — ... One pundit famously told me this summer that 2008 would be "the year of the PlayStation 3," presuming that must-have new games and the rise of Blu-ray would turn the PS3 into, if not the top console on the market, then at least a strong #2. Alas, things haven't turned out so well for Sony's flagship PS3 : Sales of the console are down 19 percent vs. last year, and analysts are now warning that Sony may not hit its goal of selling 10 million consoles this fiscal year (which ends in March 2009). Why the hefty decline? You can try to blame the economy at large, but that's looking ...

US sales of Sony PlayStation 3 decline 19% in November
Boy Genius Report — According to the Wall Street Journal, US sales of the PlayStation 3 in November declined 19 percent from the previous month. This decline comes at a time when Nintendo Wii sales have doubled and Xbox 360 sales have risen 8%. In Black Friday sales alone, the Xbox 360 reportedly outsold the PS3 three to one and we all know the Wii continued to dominate. No holiday rebound is projected for Sony as analysts expect December PS3 sales to continue to remain flat while sales of its competitors are expected to remain strong. Sony is also expected to miss its ...

WSJ: 'Hope Fades for PS3 as a Comeback Player'
Joystiq — ... If a console's feelings can be hurt, you might want to look in the corner for a rocking, sobbing PS3. Not even a month after being dubbed a "sinking ship" by Silicon Alley Insider, the Wall Street Journal has published an ouch-inducing article ...

Last Bytes: The Christmas Count
Tech Observer — Christmas came to Apple this year via its iPod Touch, which saw its Web browser market share soar four-fold. [SAI] But Sony's PS3 isn't having quite the same luck. (Wii!) [WSJ] Meanwhile, refurbished iPhones are available for $99 from AT&T--beating Wal-Mart's $197 price tag (albeit for new ones). Can you trust a refurb iPhone? And who's getting rid of them already? [Bits] Elsewhere, Twitterers are starting a rumble over the algorithm behind their ranking... [TechCrunch] ...and a label-owned "MTV" is coming to the ...

Sony PS3 sales dwindling this holiday season
SlashGear — ... Just as the Playstation 3 starts catching up to its competitors the Nintendo Wii and Microsoft’s Xbox 360, it sees a sudden slowdown around the holidays. The early results of this holiday season were not in Sony’s favor as they fell 19 percent from last year. ...

Sony’s PS3: Complete disaster or just utter disaster?
SuperSite Blog — Well, one thing’s for sure: The New York Times, at least, can’t decide whether the PlayStation 3 is doing well or not. In the con category, we have: Hope Fades for PS3 as a Comeback Player Early results from this holiday season aren't promising. U.S. sales of the PS3 fell 19% last month from a year earlier, while sales doubled for the Wii console and rose 8% for the Xbox 360, according to research firm NPD. Analysts say they expect PS3 sales for this month to be flat or lower than last year, while sales for its rivals ...

Sony PS3 Costs Less To Make, But Still A Money Loser
InformationWeek - All Stories And Blogs — ... the PS3's higher price has been a major reason for its lackluster market performance during the economic recession, but with Sony facing serious financial troubles, it's unlikely the company can afford to drop the console's price further. Adding to Sony's troubles was a particularly poor performance of the PS3 during the holiday shopping season. Early results show that U.S. sales dropped 19% in November from a year ago, while sales doubled for the Wii and rose 8% for the Xbox 360, according to The Wall Street Journal . In the meantime, poor sales of televisions and digital ...

@ CES: DoubleFusion's Epstein: Don't Count Sony Out Of The Console Wars Just Yet
paidContent — ... Then, there's the pricing problem, which the WSJ highlights as a likely "key factor" behind the decline in sales. The cheapest PS3 still costs about $150 more than either the Wii or the entry-level Xbox 360. Sony brass continue to argue that the console's technology warrants the higher price, but you have to wonder if they're stuck keeping the price tag high because they've ...